Fifth Third Bank promoted Dave Drury to head of equipment finance and Ernie Tsorvas to head of direct sales. In addition, the bank appointed Scott Kiley to lead a new equipment finance capital markets group, which Mike Hube and Eric Staczek also joined.

Drury will now oversee the management and execution for the entire equipment finance business, including direct sales, indirect originations, syndications, operations, pricing and documentation teams. He will report to Tom Partridge, executive vice president and head of commercial specialty products at Fifth Third.

Tsorvas previously oversaw national sales for Fifth Third’s equipment finance group. His new role expands his current responsibilities, as he also will lead the LaSalle Leasing and Celtic Commercial sales teams. Tsorvas will continue reporting to Drury.

The new equipment finance capital markets group integrates the lease banking indirect origination, LaSalle Leasing and Celtic Commercial syndication units with the equipment finance indirect originations and syndication teams. Kiley will report directly to Drury in this new role. He previously led the equipment finance group’s indirect originations team and has more than three decades of experience in the industry.

“We continue to advance our commercial capabilities and simplify how we work as one bank to best serve our clients,” Partridge said. “Coupled with established leaders and exceptional talent across the group, we have positioned ourselves to deliver cohesive and strategic solutions for the industry.”

Hube will lead the combined syndication teams for the equipment finance capital markets group to coordinate the units’ distribution activities. He will report to Kiley in this role. Staczek will report to Kiley and oversee the equipment finance capital markets group’s indirect originations team, which acquires transactions in the secondary market from Fifth Third equipment finance’s institutional capital markets partners.

Brian Griffin will continue in his role leading the lease banking origination team and also will report to Kiley.