Tim Spence


Executive Vice President of Consumer Banking, Payments & Strategy

Fifth Third Bank



Tim Spence is executive vice president and head of consumer banking, payments, and strategy for Fifth Third.  He is responsible for the retail banking, mortgage, auto lending, cards, and commercial payments lines of business, and the digital, strategy, decision sciences, and fintech partnerships teams.  In 2018, he was named the American Banker’s Digital Banker of the Year.


Tim joined Fifth Third from Oliver Wyman, where he was a senior partner in the Financial Services practice group advising large banks and insurance firms on issues of strategy and performance improvement.  Prior to joining Oliver Wyman Tim held leadership positions at two growth stage technology firms.


Tim earned a bachelor’s degree from Colgate University and was awarded High Honors.


Tim serves on board of directors of the Consumer Banker’s Association.  He has written extensively on the evolving financial services landscape and speaks regularly at academic institutions and industry forums.  He also serves on the executive committee of the board of directors at Cintrifuse, a public‐private partnership to promote tech‐based, venture‐backed entrepreneurship in the Greater Cincinnati region.