KeyBank Names Michael Walters as Head of Business Banking

Last Thursday, KeyBank announced that Michael Walters has been named Head of Business Banking, overseeing Business Banking across Key’s 15-state footprint. Walters previously served as Executive Vice President and West Regional Retail Executive, overseeing KeyBank’s retail branch network across the western U.S.  

In his new role, Walters will lead a national team dedicated to serving the needs of small and medium sized businesses, their owners, and employees with customized, industry-specific banking solutions. He will also be responsible for collaborating with executives within Key’s Consumer and Commercial bank to help establish and deploy strategic priorities for KeyBank and its Business Banking clients. He will report to Victor Alexander, KeyBank’s Head of Consumer Banking.  

“During his time with Key, Mike has proven to be a strategic thinker and growth-oriented leader who partners with teams across Key to deliver strong results,” said Alexander. “Mike is passionate about our clients and teammates, and I’m excited to watch our business and our clients thrive under his leadership.”  

Walters joined KeyBank in 2017 as Senior Vice President, Retail & Mortgage Banking Executive and was named West Regional Retail Executive in 2020. Prior to joining Key, he spent 14 years in positions of increasing responsibility with PNC Financial Services, including serving as Senior Vice President and Network Transformation Executive, where he designed the Retail and Business Banking operating model for PNC’s Consumer Bank. 

Walters earned his bachelor’s degree in management information systems from Ohio University and his MBA in international finance from Florida Atlantic University, where he was also named “Alumni of the Decade” for the 2000s. He was also honored as a Denver Business Journal 40 Under 40 and ColoradoBiz Magazine GenXYZ.  

About KeyCorp 

KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187.0 billion at June 30, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.