The leaders of Fifth Third Bancorp have tabbed a former market leader of Capital Bank to succeed Mickey McKay as Tennessee regional president.
McKay made the move to Nashville from Charlotte, where he had been with Bank of America, in 2015 and in mid-2017 took over from Hal Clemmer. He is preparing to go to Fifth Third’s headquarters in Cincinnati to be the bank’s director of strategic credit.
Taking over in Tennessee is Dave Briggs, who joined Fifth Third in late 2018 as senior commercial banker. Briggs has been in the Nashville market for two decades, first for more than 15 years in various roles at BofA, and then as market president of Capital, which was acquired by First Horizon National in late 2017. At First Tennessee, he helped oversee several banking groups in the region until moving McKay recruited him.
“David brings over 30 years of diverse banking experience with the last 20 in the Nashville area serving as a trusted advisor to business owners and working for the greater good of the community,” said Phil McHugh, Fifth Third’s executive vice president and head of regional banking, business banking and wealth management. “We believe these leaders will prove invaluable as they assume broader roles.”
Briggs steps into his new job in the middle of a retail growth push for Fifth Third, which last year ranked eighth in area deposit market share. The bank has recently added or is planning to add offices in the West End corridor, Berry Hill, Murfreesboro and The Gulch.
“I expect a seamless transition to David’s leadership,” McKay said. “David has worked closely with me and the other members of the leadership team, and even amid today’s challenges, I know he will lead our operations in Tennessee with a focus on growth and a dedication to our community.”
Briggs is chairman of the board of Junior Achievement of Middle Tennessee and secretary of the board of Dismas, the nonprofit that helps former offenders transition back into society. He is an alumnus of Leadership Nashville and a member of Rotary.