KeyCorp has completed its management team to direct operations in the Rocky Mountain region, which includes Utah, Colorado, Idaho and Wyoming with 144 Key Bank branches and $5.2 billion in assets.
The bank, based in Cleveland, began dividing the governance of its banking operations into regions last year because of different banking needs in various markets, a broader corporate strategy to reconfigure the cost of delivery and the promise of near-term interstate branch banking.Frederick A. Deal, a 25-year veteran in the banking industry, has been named to head the regional management team. He said the major markets of Salt Lake City, Denver and Boise in the region are vibrant, and KeyCorp's regionalization will better meet the bank's needs.
Assisting Deal on the regional team will be Michael M. Mooney, executive vice president of community banking, who comes from Key Bank of Idaho, where he was president and chief executive officer.
Todd F. Clossin will head the regional banking activities, Harry Hayward is the senior vice president and regional marketing director, Paul W. Taylor heads the finance department, Daniel B. Clawson is senior vice president of credit administration and Eliot Dickson directs human resources and administration.
Richard L. Nelson, a 23-year veteran in the Utah banking industry, will remain as president and chief executive officer of Key Bank of Utah. Deal said the Utah market will remain a focal point of Key Bank's strategy in the region.