Beth Mooney was named incoming CEO and chairman of KeyCorp, succeeding Henry Meyer, who is retiring in May.

The American Bankers Association named former Oklahoma governor Frank Keating as president and CEO. Former ABA chief Ed Yingling is joining the D.C. law firm Covington & Burling.

Michael Barr stepped down as the Treasury Department's assistant secretary for financial institutions.

Nancy Shanik, a former Citigroup executive, was hired as chief risk officer at Citizens Financial Group in Providence, R.I.

Peter Nachtwey left The Carlyle Group to join Legg Mason as CFO. Nachtwey had been CFO at Carlyle since 2007.

David Johnson, Fannie Mae's CFO, was set to step down in December.

PrivateBancorp named two new managing directors: Thomas Doherty to head business banking, and Richard Bechtel to oversee mortgage banking.

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