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Greg Carmichael

Greg Carmichael

Formal First Name
Greg
Link
LinkedIn
Dates
1962 - present
Location
Cincinnati
Greg Carmichael is the Executive Chair of City National Bank, a subsidiary of Royal Bank of Canada (RBC), where he provides strategic oversight and board governance. A respected banking leader with extensive expertise in both technology and operations, Carmichael has built a distinguished career at the intersection of finance and innovation. Before joining City National and RBC, he served as Executive Chairman, President, and CEO of Fifth Third Bank, one of the largest commercial banks in the United States and the ninth-largest U.S.-based consumer bank. During his tenure, he guided the institution through a period of significant asset growth, strengthened its reputation for customer focus, and advanced its adoption of cutting-edge financial technology. Earlier in his career, Carmichael held senior technology and leadership roles at Emerson Electric, Emerson Power Transmission, and General Electric, where he developed his strong foundation in operations and IT-driven strategy.

Professional Experience

Academic History

CURRENT AFFILIATIONS


FIFTH THIRD BANK

  • Greg Carmichael joined Fifth Third Bank’s executive leadership in 2015 as CEO, later becoming Chairman and CEO in 2018, and Executive Chair in 2022. 

  • During his tenure, he spearheaded significant asset growth, with the bank surpassing $200 billion in assets, and strengthened its reputation as one of the most innovative and customer-focused banks in the United States. 

  • Under his leadership, Fifth Third advanced cutting-edge digital banking solutions, enhanced customer experience, and expanded its presence across multiple business lines. 

  • Carmichael was directly responsible for overseeing key divisions including Consumer Banking, Commercial Banking, Payments and Commerce Solutions, and Fifth Third Investment Advisors, as well as the Bank’s Marketing and Customer Experience functions.


RECOGNITIONS

  • 2024 American Banker's 24 People Who Changed Banking

  • 2021 3BL Media's Responsible CEO of the Year

Warnings and Disclaimers

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