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September 29, 2022

KeyBank names new Maine commercial sales leader

Side by side portrait photos Courtesy / Key Bank Colin March, left, will assume KeyBank's commercial banking leadership in Maine from Raymond "Chip" Kelley, who is due to retire at the end of November.

Falmouth native Colin March has joined KeyBank as its Maine commercial sales leader, succeeding Raymond "Chip" Kelley after Kelley's retirement at the end of November.

March was previously with TD Bank, where he was a senior commercial banker responsible for middle market clients in Maine and New Hampshire.

Thursday's announcement comes nearly two months after the bank said Kelley will retire, 17 years after he joined KeyBank in 2005. 

Kelley succeeded the late Sterling Kozlowski as KeyBank's Maine market president in August 2019. Kelley was also commercial sales leader for eastern Massachusetts and the greater Boston market until 2019, when that responsibility was transferred to James Barger. 

KeyBank is owned by KeyCorp.(NYSE: KEY), a Cleveland-based financial services company with assets of $187 billion as of June 30. In Maine, KeyBank is No. 4 among banks with the largest market share in the state, according to the 2022 Mainebiz Book of Lists. That ranking is based on $3.765 billion in Maine deposits as of June 30, 2021.

In his new role, March will also report to Barger in leading the team of commercial bankers serving Maine middle market businesses. Key Bank said in Thursday's announcement that March's leadership will be instrumental in driving Key’s commercial business growth throughout the market.

“Colin’s winning track record as a senior commercial banker and reputation as an exceptional relationship builder were qualities that I was looking for to ensure we have the right leadership talent in this market,” Barger said. “Colin and Chip will work closely together over the next several months to ensure a smooth transition for our commercial clients and team.”

March has been with TD Bank since 2019, when he returned to Maine to take a senior role with that institution. He launched his career at Morgan Stanley in London, ascending to vice president of the company's global capital markets division during his time there. He then joined Citigroup as director of its commodities division, focusing on oil refining companies on both sides of the Atlantic Ocean.

March received a bachelor’s degree from American University in Washington, D.C., and a master of international affairs degree from Columbia University.

In Maine, March is active in United Way of Southern Maine and serves on the board of trustees for Waynflete School in Portland.

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