KEYBANK WEALTH MANAGEMENT'S JOE CALABRESE HONORED WITH LIFETIME ACHIEVEMENT AWARD AT THE 2022 FAMILY WEALTH REPORT AWARDS

Rhea-AI Summary

On May 5, 2022, Key Private Bank announced that Chief Operating Officer Joe Calabrese received the Lifetime Achievement Award at the 2022 Family Wealth Report Awards. This award acknowledges his dedication to prioritizing client needs throughout his career in wealth management. Calabrese is recognized for his leadership in driving business transformation and relationship development. Key Private Bank oversees $50.2 billion in assets under management and $65.7 billion in assets under administration, underscoring its position as a leading wealth management provider.

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• Joe Calabrese's receipt of the Lifetime Achievement Award indicates strong leadership and industry recognition.
• Key Private Bank's assets under management (AUM) at $50.2 billion and assets under administration (AUA) at $65.7 billion demonstrate significant market presence and stability.

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• None.

CLEVELAND, May 5, 2022 /PRNewswire/ -- Key Private Bank, the wealth management division of KeyCorp (NYSE: KEY), proudly announces today that Chief Operating Officer Joe Calabrese received the Lifetime Achievement Award as part of the 2022 Family Wealth Report Awards. This award recognizes individuals who have dedicated their careers in wealth management to putting the needs of the families they serve first.

Since the beginning of his career, Joe has practiced an unwavering commitment to serving private clients. His experience includes diverse leadership roles across investment, family office and private banking businesses within large and privately-owned financial firms. Joe has successfully led organizations through business transformation, organic/acquisition-based growth and client relationship development. He is highly regarded for sharing knowledge and thought leadership across industry forums.

"It is a privilege to have worked with and learned from so many talented professionals in our industry," said Calabrese. "I am truly humbled and grateful that the Family Wealth Report has honored me with this award."

"Joe's bold leadership and ability to build trust and earn the respect of clients, colleagues and peers is what drives his success," adds KeyBank Wealth Management President Joe Skarda. "We are fortunate to have his leadership and expertise as we continue to grow our wealth management business."

About Key Private Bank
Key Private Bank is a leading provider of wealth management solutions and advice for high-net worth and ultra-high-net-worth clients, including wealth advisory, investment management, trust administration, customized credit, family office and private banking services. Key's wealth management platform combines the market insights of local advisors with a national team of wealth and investment strategists to deliver proactive and personalized advice and expertise to clients. Advisors also leverage partnerships with Key's business banking and capital markets teams to build wealth plans tailored to meet each client's specific need. Key Private Bank's wealth management platform is delivered across 15 of the United States. Key Private Bank has $50.2 billion in AUM and $65.7 billion in AUA at March 31, 2022.

About KeyCorp
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $181.2 billion at March 31, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

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SOURCE KeyCorp

FAQ

Who received the Lifetime Achievement Award at the 2022 Family Wealth Report Awards?

Joe Calabrese, Chief Operating Officer of Key Private Bank, received the Lifetime Achievement Award.

What are the assets under management for Key Private Bank?

Key Private Bank has $50.2 billion in assets under management as of March 31, 2022.

How much does Key Private Bank manage in assets under administration?

Key Private Bank manages $65.7 billion in assets under administration as of March 31, 2022.

What does Key Private Bank specialize in?

Key Private Bank specializes in wealth management solutions for high-net-worth clients, including investment management and customized credit.