Friday, March 16, 2012

Fifth Third names Charlotte businessman to affiliate board

Francisco Alvarado, owner and CEO of Charlotte-based Marand Builders Inc., has been named to the board of directors for Fifth Third Bank's North Carolina affiliate.

The board includes business leaders from around the region, including Brett Carter, president of Duke Energy North Carolina, and Jerry McGee, president of Wingate University.

Marand Builders is a general contractor focusing on commercial, retail, healthcare and institutional construction. Fifth Third has the fourth-largest deposit share in the Charlotte area, and 35 branches.