Fifth Third Bancorp announced that Thomas H. (Hal) Harvey will retire from its Board of Directors, and Priscilla Almodovar will join the Board, effective January 7, 2026. Priscilla Almodovar is a seasoned business executive with over 35 years of leadership in complex, regulated organizations. Most recently, she served as President and Chief Executive Officer of Fannie Mae, where she led the $4.1 trillion government-sponsored enterprise through a period of strategic transformation and innovation.

Before Fannie Mae, Almodovar was President and CEO of Enterprise Community Partners, a national nonprofit focused on affordable housing, where she launched a $3.5 billion initiative to expand housing opportunities for underserved communities. Earlier in her career, she was a Managing Director at JPMorgan Chase, overseeing two national real estate businesses, and prior to that she led the New York State Housing Finance Agency and State of New York Mortgage Agency, making them the largest issuer of housing bonds in the U.S. during her tenure. Almodovar will serve on the Bancorp?s Nominating and Corporate Governance, and Risk and Compliance Committees.