Michael Bellardine Appointed To Lead KeyBank's Enterprise Commercial Payments Product Group

CLEVELAND, July 11, 2012 /PRNewswire/ -- KeyBank (NYSE: KEY) announced today that Michael Bellardine has joined the bank as senior vice president and head of its Enterprise Commercial Payments Product Group. Bellardine is responsible for developing and executing Key's core payment strategy, as well as overseeing a product team that supports Key's commercial and corporate bank clients.  Bellardine, who is based in Cleveland, reports directly to Al Carpetto, executive vice president and head of Key's Enterprise Commercial Payments Group. 

Bellardine is an industry veteran with more than 25 years of experience in financial management.  Prior to this appointment, Bellardine was global head of product solutions at Syncada from Visa and was responsible for delivering innovative products to the Syncada network.  Previously, he served as senior vice president and director of Global Trade Outsourcing Services at Royal Bank of Scotland.  Bellardine's experience ranges from cash management, global supply chain and foreign exchange to global payables and receivables product development and management.

"Mike's extensive background enhances our ability to deliver commercial payment solutions that help our clients meet their strategic objectives and achieve revenue growth," said Carpetto.  "His deep understanding and expertise in designing and executing treasury management and financial supply chain solutions will help us continue to build enduring client relationships."

Bellardine earned a bachelor's degree in accounting and economics from Rutgers University.  He holds Series 24, 7 and 63 professional licenses.

About KeyCorp

Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $87 billion as of March 31, 2012. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.  For more information, visit https://www.key.com/. KeyBank is Member FDIC.      

SOURCE KeyBank