KeyBank has named Ruth Mahoney president of its Capital Region market and regional leader for its private banking teams in the Capital Region and Hudson Valley.
Mahoney most recently served as market president for Key’s Hudson Valley/Metro NY market. She started with the bank in 1991 as a management associate right out of college, working in the National Accounts department. She was later responsible for business development for Fortune 500 companies across the U.S.
She spent a decade with Fleet/Bank of America in various roles, including one as city executive for Bank of America Private Bank for Albany and the Hudson Valley. She rejoined KeyBank in 2006 as senior vice president and market manager for the Capital Region and Hudson Valley districts for Key Private Bank.
Mahoney and her family live in Ossining and plan to relocate to the Capital Region by the middle of this year.
Gary Quenneville, regional sales executive of KeyBank New York operations, described Mahoney as “a known and trusted entity” in the region.
“Ruth Mahoney is an exceptional leader who has spent nearly 20 of her 26 career years working in the Capital Region market, knows the market well and has proven that she understands what KeyBank needs to do to continue building client relationships, growing our business and demonstrating commitment to the communities here,” he said in a news release.
KeyBank has 47 branches and about 1,000 employees across the Capital Region.