Mohit “Mo” Ramani will join KeyCorp as chief risk officer (CRO), effective January 23, 2025.

“I am very pleased to welcome Mo to Key,” Chris Gorman, chairman and CEO of KeyCorp, said. “I am confident that with Mo’s leadership, experience and expertise we will continue to elevate our risk management practices and culture, further enabling strong, profitable growth for Key.”

Ramani joins Key from Truist Financial, where he has served in increasingly senior roles since 2016, most recently as deputy chief risk officer. Prior to joining Truist, Ramani played a variety of leadership roles with firms such as Goldman Sachs and Bank of America. Ramani brings with him a proven track record of leading transformative change in risk management platforms and practices. Additionally, he has a reputation for forging internal partnerships across lines of business and corporate functions while maintaining strong, independent challenge and support from regulators.

“I am excited for the opportunity to assist Key with this next phase of profitable growth amidst an increasingly complex risk environment,” Ramani said. “I look forward to leveraging Key’s strong risk culture and progressing the firm further toward ‘risk intelligence’ by leveraging people, processes and technology.”

Ramani will serve as a member of Key’s executive leadership team, reporting to chairman and CEO Chris Gorman. As CRO, he will lead a team of risk management professionals as well as overseeing all aspects of the risk management function at Key.