Mohit (Mo) Ramani is the new chief risk officer (CRO) at KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region. He started in the CRO position on Jan. 23, the banking company announced. Ramani joins Key from Truist Financial Corporation, […]
Mohit (Mo) Ramani is the new chief risk officer (CRO) at KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region. He started in the CRO position on Jan. 23, the banking company announced.
Ramani joins Key from Truist Financial Corporation, where he has served in increasingly senior roles since 2016, most recently, as deputy CRO. Prior to joining Truist, Ramani served in a variety of leadership roles with firms such as Goldman, Sachs & Co. and Bank of America, N.A. Ramani brings with him a proven track record of leading transformative change in risk management platforms and practices. Additionally, he has a reputation for forging internal partnerships across lines of business and corporate functions while maintaining strong, independent challenge, and support from regulators, KeyCorp said.
“I am very pleased to welcome Mo to Key,” Chris Gorman, chairman and CEO of KeyCorp, said in the announcement. “I am confident that with Mo’s leadership, experience, and expertise we will continue to elevate our risk management practices and culture, further enabling strong, profitable growth for Key.”
Ramani will serve as a member of Key’s executive leadership team, reporting to Gorman. As CRO, Ramani will lead a team of risk-management professionals as well as oversee all aspects of the risk-management function at Key.
Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial-services companies, with assets of about $187 billion as of Dec. 31. Its roots trace back nearly 200 years to Albany. KeyBank has a network of about 1,000 branches and about 1,200 ATMs in 15 states.
