KeyCorp announced that Mohit (Mo) Ramani will join Key as Chief Risk Officer (CRO), effective January 23, 2025.

"I am very pleased to welcome Mo to Key," said Chris Gorman, Chairman and Chief Executive Officer of KeyCorp. "I am confident that with Mo's leadership, experience, and expertise we will continue to elevate our risk management practices and culture, further enabling strong, profitable growth for Key."

Ramani joins Key from Truist Financial Corporation where he has served in increasingly senior roles since 2016, most recently, as Deputy Chief Risk Officer. Prior to joining Truist, Mo played a variety of leadership roles with firms such as Goldman, Sachs & Co. and Bank of America, N.A. Ramani brings with him a proven track record of leading transformative change in risk management platforms and practices. Additionally, he has a reputation for forging internal partnerships across lines of business and corporate functions while maintaining strong, independent challenge and support from regulators.

"I am excited for the opportunity to assist Key with this next phase of profitable growth amidst an increasingly complex risk environment," said Ramani. "I look forward to leveraging Key's strong risk culture and progressing the firm further toward 'risk intelligence' by leveraging people, processes, and technology."

Ramani will serve as a member of Key's executive leadership team, reporting to Chairman and Chief Executive Officer Chris Gorman.  As CRO, he will lead a team of risk management professionals as well as overseeing all aspects of the risk management function at Key.