Astoria Financial in Lake Success, N.Y., has hired former KeyCorp executive Hugh Donlon to be its chief lending officer.

Donlon most recently served as president of the $89 billion-asset KeyCorp's eastern region, which included branches in New York, Vermont, Maine and Florida. He joined Cleveland-based KeyCorp in 2008.

Before that, he worked for 23 years at Citigroup, where he held several senior management roles, including director of sales for Citibank in New Jersey.

Donlon was also made a senior executive vice president of Astoria.

In a news release Wednesday, Monte Redman, Astoria's president and chief executive, said that Donlon "is expected to fill an important need with respect to the bank's succession planning."

Donlon's role is a newly created position at Astoria. He will report directly to Gerard Keegan, the bank's chief operating officer, who is expected reach the bank's mandatory retirement age of 70 years old in 2016, Redman said in a separate phone interview.

The $15.7 billion-asset Astoria operates 86 branches throughout New York.

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