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US Private Bank Names Head Of UHNW-Focused Family Wealth Business

Tom Burroughes Group Editor September 29, 2017

US Private Bank Names Head Of UHNW-Focused Family Wealth Business

Key Private Bank, headquartered in Ohio, has made a top-level appointment.

Key Private Bank, the wealth management division of KeyCorp, has appointed of Douglas Banbury to managing director and head of Key Family Wealth Investments. 

In this role, Banbury will lead the family wealth team of investment professionals, delivering services aimed at ultra-high net worth clients. (See this interview here for an insight into the firm's strategy in this area.)

Banbury will be based in Cleveland, reporting to Joe Calabrese, national head of investments for Key Private Bank and Gary Poth, head of Key Family Wealth, the firm said in a statement yesterday.  

Previously, Banbury served in a senior regional role for Hawthorn, PNC Family Wealth, responsible for managing select UHNW client relationships. He also worked in senior management for Morgan Stanley and UBS in New York, and more recently with a New York City multi-family office. Earlier in his career, Mr. Banbury served as head of strategic alliances for a financial services technology start-up, where he helped develop several joint ventures. 

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