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Fifth Third equipment financing group expands market presence

Cincinnati-based FifthThird Bancorp is expanding the market presence of its equipment financinggroup.

The group will now operate as four distinct regions; includingSouth, North Central, Midwest and East, streamlining its processes. The companyhas appointed a managing director to lead each region.

Fifth Third appointed Bob Davies to oversee the East region,and Lance King to head the South region. In addition, the company appointed BobKrefting to head the Midwest region and Dave Schlaf to oversee the North Centralregion.