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The Banker Names Fifth Third Bank “Bank Of The Year” in 2023

The financial institution serves businesses and communities in South Florida.

Fifth Third Bank has been awarded “Bank of the Year” for the U.S. in 2023 by The Banker, an annual award program that acknowledges industry-wide excellence in the global banking community. The selection process involves judges who evaluate banks based on their performance, innovation, customer value and leadership in society. The Banker chooses one winning bank for each of the 120 countries that are evaluated.

“Congratulations to Fifth Third Bank for outshining the competition to win the Bank of the Year award for the U.S.,” Joy Macknight says, editor of The Banker. “The judges were impressed by Fifth Third’s commitment to leveraging technology and innovation to serve its customers. Major achievements include the strengthening of its embedded payments offering and of its private bank’s Business Transition Advisory Team (BTAT), dedicated to preparing business owners for their succession planning.”

In May 2023, Fifth Third Bank announced its acquisition of Rize Money, Inc. The latter is an embedded payments platform offering payment infrastructure and risk management capabilities to FinTech and other technology companies seeking innovative financial products through a single application programming interface. Fifth Third’s success in acquiring Rize Money is also attributed to the evolution of its mobile app virtual assistant, Jeanie.

“I believe great banks stand apart from the rest by how they navigate challenging environments and deliver for their customers,” Tim Spence says, Fifth Third’s president and CEO. “That is when customers need our advice and support most and when we can generate outperformance for shareholders. I want to thank our employees for everything they’ve done to earn this honor.”

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.