Payments

10:42 AM
Connect Directly
Google+
Twitter
RSS
E-Mail
50%
50%

KeyBank Names New Commercial Payments Head

KeyBank names new commercial payments head; former RBS global transaction services executive Alfred Carpetto will oversee Key’s treasury management, international foreign exchange and institutional asset services businesses.

Alfred Carpetto has joined Cleveland-based KeyBank as executive vice president and head of the bank's Enterprise Commercial Payments Group. Carpetto will oversee Key's treasury management, international foreign exchange and institutional asset services businesses, working with Key's Community and Corporate Bank to implement the bank's commercial payments strategy. He also will be involved in development of the bank's healthcare payments capabilities.

Carpetto will be based in Cleveland and report directly to Christopher M. Gorman, president of Key Corporate Bank and chairman and chief executive officer of KeyBank, NA. "Al possesses a deep understanding of end-to-end financial services operations, technology, product and risk management," said Gorman in a press release. "This, coupled with his insight into the middle market, will allow Key to continue to provide our clients with a depth of solutions made to meet their needs."

Carpetto most recently served as head of global transaction services for the Americas at Royal Bank of Scotland (RBS), where he established a strategic direction for driving growth of global transactions with banks and non-financial institutions in the U.S., Canada and Latin America. Prior to joining RBS, he was a sales executive within the Treasury and Securities Services Group at JPMorgan Chase. He also held leadership positions at Donaldson, Lufkin & Jenrette and Dean Witter Reynolds. Additionally, Carpetto serves on the PayCo Board of The Clearing House.

Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.