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July 31, 2018

Kelley steps up to become KeyBank’s Maine market president

Courtesy / KeyBank
Courtesy / KeyBank
Raymond T. (Chip) Kelley has been named KeyBank's Maine market president, stepping into an executive role held by Sterling Kozlowski, who died suddenly on June 9.

About KeyBank

KeyBank is one of the nation's largest bank-based financial services companies, with assets of approximately $137.8 billion at June 30, 2018. It 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 1,200 branches and more than 1,500 ATMs. KeyBank also provides a broad range of 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. KeyBank is a member of the FDIC.

KeyBank announced Monday that Raymond T. (Chip) Kelley has been named its Maine market president, in addition to his current role as commercial sales leader for Maine, New Hampshire, and eastern Massachusetts.

He steps into an executive role held by Sterling Kozlowski, who died suddenly on June 9.

As market president, Kelley will be actively involved in the community and will partner closely with KeyBank's corporate responsibility group to develop and implement a community lending and investment strategy that will enable the bank to meet its corporate and social responsibilities.

"Chip possesses extensive commercial banking experience, market knowledge, and strong leadership qualities," said E.J. Burke, co-president of Key Community Bank. "Together with his active involvement in the community, he is the ideal candidate to fill this role."

Kelley joined KeyBank as commercial banking team leader for its New England district in 2005, after 13 years at Bank of America in Portland. He began his banking career with Shawmut Bank in Boston in 1985 and also spent two years in the early 1990s with Bank South in Atlanta GA. Kelley currently serves on the boards of North Atlantic Venture Capital Corp., Maine International Trade and the New England Ocean Cluster and as board member and treasurer of Maine and Co., Maine Technology Institute, and Piper Shores. He also serves on the finance committee of the United Way of Greater Portland.

"I've worked with this talented team of banking and financial professionals for many years, and it is a great honor to now take the helm as market president," said Kelley. "KeyBank's commitment to the customers and communities we serve has made us a leader in the market, and I am excited to continue to drive the Maine team forward."

Kelley earned a bachelor's degree from Colby College and resides in Cape Elizabeth. He maintains offices in KeyBank's Maine Market Center at One Canal Street in Portland and in KeyBank's Boston commercial office at 225 Franklin St. in Boston.

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