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Wednesday, March 22, 2023

Fifth Third Bank Announces Community Development Manager

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INDIANAPOLIS—Scenario B. Adebesin has been promoted to the position of senior vice president and manager of community development for Fifth Third Bank, Central Indiana and the greater Fort Wayne area.

Adebesin is replacing Beverly Mukes-Gaither who has been promoted to Community Reinvestment Act Manager for Fifth Third Bancorp.

An employee since 2002, Adebesin most recently served as vice president of community development for Fifth Third Bank, Northeastern Ohio. Adebesin completed her undergraduate degree in accounting at Chancellor University (formerly Dyke College) and later obtained her Master’s Degree in Public Administration from Cleveland State University. As well, she has completed several courses towards her Doctorate Degree in Urban Studies at Cleveland State University.

Adebesin spent nearly eleven years of her professional career at the Cuyahoga Metropolitan Housing Authority (CMHA) where she served in key positions such as Director of Internal Audit, Interim Chief Executive Officer, Acting Director of Human Resources and Deputy Executive Director.

Adebesin has served as an informal mentor to many and regularly volunteers on community boards and committees in leadership capacities. She is a current Board Member for Chancellor University and former President of the Board for Neighborhood Housing Services of Greater Cleveland and the Black Professionals Association Charitable Foundation, Advisory Board Member of the Stark County Community Building Partnership, Development Council Advisory Board Member for the Cleveland Housing Network, and former Board Vice President of the Home Repair Resource Center. She is a member of Delta Sigma Theta Sorority and an active member of the Financial Fortitude Committee, a member of the National Black MBA, and Society of Urban Professionals. She is also active with Junior Achievement and other financial education programs.

Throughout her career, Adebesin has been very instrumental in working with community agencies to stimulate neighborhood revitalization and stabilization through affordable housing and economic development, minority business enterprises, and self-sufficiency programs. She also serves as an advocate and voice for disadvantaged individuals of various social, racial, and economic backgrounds.

“This is leadership advancement at its best,” said Nancy Huber, president and CEO, Fifth Third Bank, Central Indiana. “I have had the privilege of working with Scenario over the last seven years and she is an incredibly professional and results-driven individual. She will be a great asset to Fifth Third, Central Indiana. Beverly Mukes-Gaither has made a tremendous impact in our company and our community for the last nine years, and she will continue her good work in Cincinnati where she can assist the entire Bank.”

Adebesin has received numerous awards and recognition for exceptional work performance and community involvement. Some of her most notable achievements include receiving the Exceptional Contribution Award from the FBI office in Washington D.C., induction into the 2000 Kaleidoscope Magazine 40/40 Club, Fifth Third Bank MVP, Fifth Third Bank Exemplary Performance and Outstanding Service Awards. She received the City Year Idealism In Action Award, the Black Professionals Association Charitable Foundation’s President’s Award for Outstanding Service and Support, recognized as a “Member on the Move” in the National Black MBA Magazine, recognized by the Call & Post as one of the 100 Most Influential in Northeast Ohio, profiled in the 2008 Women’s Issue of Kaleidoscope Magazine, and inducted into the 2007, 2008 & 2009 Who’s Who in Cleveland Magazine.

Adebesin has relocated to the Indy metro area with her husband Debo and two sons, Ayorinde and Ishola.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $111 billion in assets, operates 16 affiliates with 1,306 full-service Banking Centers, including 100 Bank Mart® locations open seven days a week inside select grocery stores and 2,372 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2009, has $184 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the NASDAQ® National Global Select Market under the symbol “FITB.”

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