The easiest way to show Wordpress author avatars would be to use the service provided by Gravatar (http://www.gravatar.com/).
Wordpress provides a function called get_avatar
that allows you to fetch the avatar for the supplied user or email address.
Here's an example on what you'd need to change:
Replace:
<img src="<?php bloginfo('template_directory'); ?>/images/ico_author.png" alt="<?php _e('Author', 'site5framework'); ?>"/>
With:
<?php echo get_avatar(get_the_author_meta('user_email'), 32);?>