Key taps veteran Indy banker to oversee 3-state region

Cleveland, Ohio-based KeyCorp has tapped a veteran Indianapolis banker to lead a new regional division, a newly created position that will be based here.

KeyCorp, the holding company for KeyBank, said Leo G. “Skip” Watson will be its regional sales executive for the Great Lakes, overseeing operations in Indiana, Ohio and Michigan.

“Part of the strategy is, each of the market presidents in each of the major markets will be focused on their markets,” Watson said, “and I’ll be specifically looking for opportunities to help them build relationships and help improve the execution and coaching of bankers.”

Watson, 51, said his target market will be companies with annual revenue from $25 million to $500 million and families or individuals with assets of $2 million to $10 million.

The Chicago native has 25 years of experience in the industry, all in Indianapolis. He previously led a Wells Fargo team responsible for companies with annual revenue of $20 million or greater. He was also with National City/PNC Bank for more than 10 years, where he oversaw Indiana’s commercial banking division.

Watson was one of IBJ’s Forty under 40 honorees in 1999.

KeyBank is the sixth-largest bank in the Indianapolis area by deposits, according to federal data, with a 4.7-percent market share.

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