KeyCorp has named Anthony Aveni chief investment officer of Society Asset Management Inc., its investment management subsidiary.
Mr. Aveni was a managing director in charge of small- and mid-cap equity investments for Society Asset Management.
In his new position, Mr. Aveni will oversee investment strategy at the unit, which provides money management services to corporations, institutions, and wealthy individuals.
Mr. Aveni will report to Bill Spears, group executive for asset management at the Cleveland-based banking company.
Last month, Mr. Spears, who came to Key through its 1995 acquisition of Spears, Benzak, Salomon & Farrell, was put in charge of a push to blend Key's private banking, wealth management, and corporate banking businesses.