Mary Tuuk
Board Secretary, EVP for Corporate Services, Fifth Third Bancorp
After 18 months running a Fifth Third affiliate bank in the upper Midwest, Mary Tuuk is back at the company's Cincinnati headquarters, where she worked as chief risk officer from 2007 to 2011.
Tuuk's brief tour in her native Grand Rapids, Mich., worked out nicely for her and for Fifth Third: she got the business line responsibilities she'd been looking for to round out her resume, and the bank's Western Michigan affiliate enjoyed strong gains in net income and commercial loan production.
Western Michiganers got something out of the deal, too: a committed local leader who lent significant time to local nonprofits and cultural institutions. Tuuk's extracurricular work included a three-day workshop she created at her alma mater, Grand Rapids' Calvin College, to address the discrepancy she saw between the numbers of male and female students choosing to major in business.
Tuuk's new assignment, announced in June, draws heavily on her risk background. As board secretary, she'll be managing boardroom agendas at a time when enterprise risk and assorted legal and regulatory issues are top of mind for bank directors. And her corporate services job puts her over areas of increasing importance, such as facilities management (key as the shift to digital banking prompts new questions about the future of branch infrastructure) and M&A integration (not a priority for Fifth Third now, but potentially important if predictions of further industry consolidation come to pass).
