KeyCorp in Cleveland has hired a new leader for its wealth-management division that focuses on wealthy families.

The $94 billion-asset company named Gary Poth head of family wealth at Key Private Bank. Poth will report to Terry Jenkins, president of Key Private Bank.

Poth had previously been senior sales leader for Key's Eastern Ohio region, leading teams that worked in investment management, trust and estate planning, financial planning and banking for wealthy customers.

Poth first worked with Key while he was with the consulting firm EY (formerly Ernst & Young) in 1995. Poth joined Key in 2009 as director of strategy and sales for Key Private Bank.

Jacob Passy is a reporter with American Banker.

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