Printer Friendly

KEYCORP NAMES RALPH M. CARESTIO, JR. TO HEAD ITS FINANCIAL SERVICES COMPANIES

 ALBANY, N.Y., Dec. 21 /PRNewswire/ -- Ralph M. Carestio, Jr. has been promoted to executive vice president of the Financial Services Group. The announcement was made by Victor J. Riley, Jr., KeyCorp's chairman, president and chief executive officer. In addition to his present responsibilities of overseeing KeyCorp Mortgage Inc. and the two special asset subsidiaries, Niagara Asset Management and Niagara Portfolio Management, Carestio is now responsible for the activities of all of the financial services subsidiaries. These KeyCorp companies specialize in the areas of trust, brokerage and insurance.
 Prior to joining KeyCorp in 1991, Carestio was with NCNB Corp. (now NationsBank) for thirteen years, most recently serving as a senior executive at the NCNB-acquired First Republic Bank of Dallas. He started his career with Mass. Mutual Life Insurance Company in Springfield, Mass. where he rose to become the youngest senior officer in the history of that company with responsibility for the real estate equities program and two investment service agencies.
 Carestio, a native of Buffalo, received his bachelor of science degree from Buffalo State College and his master's degree from the State University of New York at Buffalo. As a National Science Foundation Fellow, he taught urban and economic geography at both the University of Buffalo and Ohio State University.
 KeyCorp (NYSE: KEY), with assets over $25 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- 12/21/92
 /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

BM -- CL006 -- 0110 12/21/92 12:05 PST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 21, 1992
Words:316
Previous Article:CRESTAR FINANCIAL CORP. AGREES TO ACQUIRE CFS FINANCIAL CORP.
Next Article:RELIANCE ELECTRIC COMPANY ANNOUNCES NEW DIRECTORS
Topics:


Related Articles
KEYCORP ANNOUNCES THREE APPOINTMENTS
KEYCORP APPOINTS LANG AND BUTLER WITHIN CREDIT MANAGEMENT DIVISION
KEYCORP FORMS INSURANCE MANAGEMENT GROUP
SENIOR MANAGEMENT FINALIZED FOR NEW KEY ORGANIZATION
KEYCORP NAMES STEPHEN A. CONE CORPORATE MARKETING & STRATEGIC PLANNING EXECUTIVE
KEYCORP NAMES EDMUND KEANE ROCKY MOUNTAIN GROUP EXECUTIVE; MICHAEL MOONEY NAMED PRESIDENT AND CEO OF KEY BANK OF IDAHO
20,000 KEYCORP EMPLOYEES NATIONWIDE WILL STOP WORK TO VOLUNTEER IN THEIR COMMUNITIES AND 'MAKE A DIFFERENCE' NEXT WEEK
KEYCORP NAMES MURSCHEL TO MEDIA RELATIONS POST
KEYCORP 1994 ANNUAL REPORT TARGETS SHAREHOLDERS AS CLIENT GROUP
KEYCORP ANNOUNCES PROMOTIONS AMONG SENIOR MANAGEMENT TEAM

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters