Fifth Third Bancorp has appointed Reuben Rashty as the senior vice president and managing director of Private Bank in Michigan and executive director of Mirador Family Wealth Advisors.
In the role of managing director at Fifth Third Private Bank, Rashty will help deliver local leadership to clients and prospects across Michigan.
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At Mirador, he will be responsible for managing and building strategic relationships with ultra-high net worth individuals.
Rashty will report to Fifth Third Wealth and Asset Management executive vice president and head Phil McHugh.
“We are excited to add a leader with Reuben’s experience to Fifth Third Private Bank. This is yet another sign of our deep commitment to the Michigan market and to the Mirador Family Wealth Advisors practice. Reuben’s outstanding track record of client service will immediately add value to our existing relationships and enhance our efforts to help families achieve their financial goals,” McHugh stated.
Rashty has an experience of over 25 years in the banking industry, most recently as market manager of the Private Bank in Michigan at JP Morgan Chase. Before that, he served as head of domestic private banking at Israel Discount Bank in New York City.
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By GlobalDataMeanwhile, Glen Johnson, Mirador Family Wealth Advisors managing director and one of its founders Glen Johnson will move to a new leadership role within the wealth and asset management division, with responsibility to deliver wealth management solutions to commercial clients of Fifth Third Bank.
