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KEYCORP ANNOUNCES THREE APPOINTMENTS

 KEYCORP ANNOUNCES THREE APPOINTMENTS
 ALBANY, N.Y., Dec. 23 /PRNewswire/ -- Victor J. Riley Jr., chairman,


president and chief executive officer, has announced three appointments within KeyCorp's (NYSE: KEY) senior management team. All three report directly to Riley. Robert W. Bouchard has been named executive vice president, representing the office of the chairman; James P. Menzies has been named executive vice president and chief credit officer; and Bruce E. Tofte assumes the title of executive vice president and chief control officer. On announcing the appointments, Riley said, "These appointments reflect KeyCorp's current restructuring of its senior management team. We are most fortunate to be able to accomplish this end by drawing on existing strengths within our ranks."
 Bouchard's primary responsibilities include representing Riley in appropriate forums, monitoring projects and determining the priority and disposition of matters concerning the office of the chairman. Bouchard joined KeyCorp in 1983 as senior vice president for strategic planning. He became an executive vice president in 1984 and was named president and chief executive officer of Key Bancshares of New York in 1985. He also serves as corporate secretary.
 Menzies is responsible for loan review, credit administration and compliance issues corporate-wide. He also chairs the Credit Policy Committee. Menzies joined KeyCorp in 1974 as an associate auditor responsible for establishing a loan review program. He was promoted to vice president in charge of loan review in 1981, senior vice president in 1984, and executive vice president of loan review in 1988.
 Tofte heads up the corporation's internal auditing division which monitors all KeyCorp subsidiaries and is also responsible for the corporate security function. He joined KeyCorp in 1974 as a corporate auditor and was elected vice president in 1975. He was promoted to senior vice president and corporate auditor in 1982 and was named an executive vice president in 1987.
 KeyCorp with assets over $23 billion is a multi-regional bank holding company headquartered in Albany, N.Y. It has focused its banking expansion activities in the Northeast and Northwest. As "America's neighborhood bank," KeyCorp pursues a middle-market target concentrating its resources in cities and smaller communities of the northern tier of states, thus avoiding overcrowded marketplaces and single industry loan exposure.
 -0- 12/23/91
 /CONTACT: Lee Irving, 518-486-8579, or 518-479-3273, after hours, or Susan Peterson, 518-486-8258, or 518-587-3008, after hours, both of KeyCorp/
 (KEY) CO: KeyCorp ST: New York IN: FIN SU: PER


KK -- CL009 -- 4779 12/23/91 10:49 EST
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Publication:PR Newswire
Date:Dec 23, 1991
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