KeyCorp (KEY) in Cleveland has named a new chief credit officer.

Maria Teresa Tejada will join the $89 billion-asset company on Aug. 12, it said Tuesday. She succeeds William Hartmann, who was promoted to chief risk officer last July, a KeyCorp spokeswoman said.

Tejada will join KeyCorp from Goldman Sachs (GS), where she is a managing director who oversees risk underwriting in Europe, the Middle East and Africa. She has been with Goldman since 1996; previously she worked for Smith Barney and the Federal Reserve Bank of New York.

Tejada will lead KeyCorp's credit-risk management and will report to Hartmann.

Her "experience and strong leadership skills will be a tremendous asset to Key," Hartmann said in a news release. "Her background in credit risk management, as well as client advisory roles, makes her an excellent choice for this role."

Last month KeyCorp hired Don Kimble to be its new chief financial officer.

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