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Bank / Credit Union

Fifth Third appoints former Fannie Mae CEO to board

Photo: Tada Images - stock.adobe.com

December 23, 2025

Fifth Third has announced that Priscilla Almodovar will join its board effective Jan. 7. She takes over for Thomas H. Harvey who is retiring, according to a press release.

Almodovar previously served as president and CEO of Fannie Mae.

"Hal's expertise and counsel have been invaluable to Fifth Third," Tim Spence, chairman, CEO and president of Fifth Third, said in the release. "His deep knowledge of financial services and corporate governance, combined with his leadership in energy innovation and commitment to ethical business standards, has helped shape our governance practices. We are grateful for his years of service and trusted guidance."

"I'm honored to join Fifth Third's Board and contribute to its mission of delivering exceptional value to customers, shareholders and communities," Almodovar said in the release. "I look forward to working with my fellow directors and Fifth Third's leadership team to drive growth and innovation across the bank's footprint."





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