KeyBank has reconfigured the leadership of its regional operations, naming Tim Burke as president of the Northeast Ohio market.
Burke, who succeeds Kip Clarke in the role, has served as president of the East Ohio market since 2016, overseeing its private banking and commercial financial services in Akron, Canton and the Mahoning Valley. He will continue to oversee those areas while adding the Cleveland area to his responsibilities.
Clarke will now be the head of Key's national business banking team.
“Kip has done an incredible job with the Cleveland market to really make his mark with his focus on job creation and urban revitalization,” Burke said in a news release. “The city of Cleveland is on the rise and we want to make sure it continues to thrive. By continuing to develop and implement our commitments to our neighborhoods, we can be a catalyst towards growth in Cleveland.”
Burke, who has previously served as regional chief executive officer for FirstMerit Bank, said he is eager to look after Key's entire Northeast Ohio footprint.
“KeyBank is Cleveland’s hometown bank. When we’re fulfilling our goals for our clients to reach financial wellness, we’re helping not just clients, but our own neighbors, friends and family. I’ve been a part of Northeast Ohio for a long time, and I’m looking forward to focusing on the area as a whole, from Youngstown, to Canton, to the edge of Lake Erie,” he said.
Burke serves on the boards of Greater Akron Chamber, Stark Economic Development Board and United Way of Summit County. He is co-founder of the Northeast Ohio Foundation for Patriotism, an organization that assists local military families.
Clarke, who joined KeyBank in 1994, previously held leadership roles in its health care and corporate/investment banking teams.