Fifth Third has combined its Central Kentucky operations with those in Louisville, a move that will mean the loss of some jobs locally.
Spokesman Brant Welch said the company opted to combine the affiliates because of their geographic proximity.
"Fifth Third had determined there could be some operating efficiencies and efficiencies in our talent," he said.
While there will be no effect on employees at the area's 19 bank branches, a "limited number" of employees connected with the administration of the bank locally will be let go. Welch declined to give a number and noted that the bank hopes to reassign them to other positions.
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The Lexington operations will continue to be led locally by Mike Ash, who was recently named president of Fifth Third Central Kentucky after the death of longtime leader Samuel Barnes Sr.
Ash, though, will now report to Tom Partridge, the Louisville-based head of what's now Fifth Third Bank Kentucky. Ash and Barnes previously reported to a regional president in Nashville.
And while the Louisville and Lexington operations are combining, Fifth Third's other operations in the state — Northern Kentucky, Western Kentucky and Ashland in Eastern Kentucky — will continue to report to other geographies.
The move will not have any effect on Fifth Third's community sponsorships in Lexington, including the Fifth Third Bank Tennis Championships, Welch said.