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October 31, 2022

KeyBank's new Maine market president is not new to Maine

KeyBank has named longtime employee and Jay native Tony DiSotto as its new Maine market manager, the bank announced Monday. 

portrait photo
Courtesy / Key Bank
Jay native Tony DiSotto has been named KeyBank's new Maine market president.

DiSotto, who currently resides in Scarborough, has led Key Private Bank in Maine and Vermont for the past three years, according to his LinkedIn profile.

He joined KeyBank in March 2006 as a branch manager. The appointment comes a month after KeyBank named Falmouth native Colin March as KeyBank's Maine commercial sales leader.

Both will succeed Raymond "Chip" Kelley, who is retiring at the end of November.

DiSotto will continue to lead KeyBank’s wealth management teams in Maine and Vermont; in addition, he will take on the market president responsibility of overseeing and coordinating KeyBank’s go-to market strategy across its various lines of business and serve as the face and voice of Key in Maine.

“Tony is a tremendous leader with a long track record of success at Key, and he has been a strong strategic partner to me as market president,” Kelley said in Monday's announcement. “His broad span of experience across Key’s various lines of business and deep commitment to the Maine community make him uniquely qualified to lead Key’s banking activities across the market as president.” 

DiSotto held leadership roles within KeyBank's retail branch network through 2014 before transitioning to a senior business banking relationship manager role that year.

He then rejoined the retail team as senior vice president and regional retail leader overseeing the retail, small business and mortgage lending teams in Maine and Vermont.  In 2019, he was promoted to market leader for Key Private Bank. Prior to joining Key, DiSotto worked for Bank of America and MBNA America. 

DiSotto holds a bachelor’s degree from Colby College and a master’s degree in business administration from Norwich University. 

KeyBank was ranked No. 4 among banks with the largest market share in Maine in the 2022 Mainebiz Book of Lists, trailing TD Bank (No. 1), Bangor Savings Bank (No. 2) and Camden National Bank (No. 3). KeyBank has 36 branches serving 12 counties in Maine. KeyBank is owned by Cleveland-based KeyCorp (NYSE: KEY).

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