Fifth Third Bancorp expanded its commercial banking capabilities to serve California-based middle market companies by hiring Joseph Yurosek to serve as market president. He will report directly to Lars Anderson, executive vice president and chief operating officer.
Yurosek will be responsible for building a team to provide dedicated resources in client coverage, credit, treasury management and capital markets to support the needs of middle market companies across the state.
“The expansion of talent in California represents a significant opportunity for Fifth Third to support clients and grow our core middle-market business,” Anderson said. “Joe’s knowledge of the California market strengthens our commitment to keep the customer at the center of everything we do. In-state leadership will deepen relationships and enable us to provide services and solutions that help our clients reach their financial goals.”
Yurosek joined Fifth Third from Comerica, where he served as market president for the Orange County region. He also was responsible for corporate middle market strategy in Orange County, Long Beach and San Diego and co-led sponsor coverage strategy for Southern California. Prior to that, Yurosek was regional middle-market group manager in Los Angeles and Long Beach. Yurosek has more than 25 years of banking experience.