Key names former USAA president as head of business banking

KeyCorp in Cleveland has tapped Jamie Warder, former president of USAA Federal Savings Bank in San Antonio, as head of business banking.

In his new role at the $134 billion-asset Key, Warder will oversee a range of functions, including client strategy, product management and Small Business Administration loan sales. He will primarily focus on clients with up to $10 million in annual revenue.

He will report directly to Dennis Devine, a co-president of Key Community Bank.

JAY LAPRETE

Warder left the $76 billion-asset USAA in November, after a 22-month stint as president. USAA declined at the time to give a reason for Warder’s departure, saying only that it was unrelated to bank operations.

Warder has also previously held senior-level roles at Capital One Financial, PNC Financial Services Group and McKinsey & Co.

USAA was named Bank of the Year by American Banker in 2016.