Fifth Third Bank has named Shawn Hagan president and CEO of its St. Louis operations. The Cincinnati-based bank opened its first branches in the St. Louis area in 2005 and now has 17 local branches.
Hagan was hired to start a St. Louis loan production office for Fifth Third in 2002. Thomas Welch, who led the bank’s St. Louis operations for seven years, was promoted to president and CEO of Fifth Third Bank in Western Michigan. Gregory Dryden was promoted to senior commercial banker to replace Hagan.