Mixing it up: Fifth Third Bank has followed a mixed policy of centralized and decentralized...

As a superregional financial institution with nearly $95 billion in assets, Fifth Third Bank is in the business of taking major financial risks every day to make money for its shareholders.

And as the bank's top operational risk manager, Gregory P. Lutz's job is to make sure those risks don't end up damaging the company's reputation, slashing into its profits or dragging down its stock price. Now, with the increased scrutiny that government regulators and shareholders are placing on every company's corporate governance practices and internal risk controls, Lutz's skill