People Moves
Former Head Of BMO Private Bank In US Joins Key Private Bank As President
The former head of BMO Private Bank in the US has been named as president of Key Private Bank.
Terry Jenkins, the former head of BMO Private Bank in the US, has been appointed as president of Key Private Bank, based in the firm's Cleveland, OH, headquarters.
Jenkins replaces Tim Swanson, who was serving in a dual capacity as head of Key Private Bank and chief investment officer. Going forward, Swanson will focus solely on the CIO role, the firm told Family Wealth Report, reporting to Jenkins.
In his new role, Jenkins will oversee Key Bank's wealth management segment which includes trust and investment management, institutional trust, and banking services for affluent individuals, families, business owners and institutions.
He will report to E J Burke, co-president of Key Community Bank.
Key Bank had assets of approximately $93.8 billion at December 31, 2014.
