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CINCINNATI, Dec. 30 /PRNewswire-FirstCall/ -- Vanessa Indriolo, vice president and director of private equity at Fifth Third Bank (Nasdaq: FITB), was recently elected to a two-year term with the Institutional Limited Partners Association (ILPA) board of directors. She was also asked to serve on the board's executive committee as membership chair.

The ILPA is a not-for-profit association committed to serving limited partner investors in the global private equity industry by providing a forum for facilitating value-added communication, enhancing education in the asset class and promoting research and standards in the private equity industry.

"As an active member for the past several years, I look forward to working with the ILPA at the board level to help further the education and research support it provides to the limited partner community," said Indriolo. "I am eager to lead the organization's efforts to increase membership."

In her position at Fifth Third Bank, Indriolo is responsible for the Bank's private equity investing efforts. She has worked in the private equity industry for nine years, the last three with Fifth Third. Indriolo holds a bachelor's degree in Business Administration from Saint Mary's College in South Bend, Ind.

About ILPA

The Institutional Limited Partners Association is a not-for-profit association committed to serving limited partner investors in the global private equity industry by providing a forum for: Facilitating value-added communication; Enhancing education in the asset class; and Promoting research and standards in the private equity industry. Membership is comprised of more than 200 organizations from around the world including Public Pensions; Corporate Pensions; Endowments and Foundations; Family Offices; and Insurance Companies. Membership represents well over US$850billion in private equity assets under management. A Board consisting of 14 members, including a 7-member Executive Committee, governs the ILPA.

About Fifth Third Bank

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $116 billion in assets, operates 18 affiliates with 1,308 full-service Banking Centers, including 93 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,331 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2008, has $196 billion in assets under care, of which it managed $30 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(R) National Global Select Market under the symbol "FITB."