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Tuesday, September 22, 2015

KeyCorp's Beth Mooney is "Most Powerful Woman in Banking" for Third Straight Year

Posted By on Tue, Sep 22, 2015 at 10:38 AM

click to enlarge Mooney and Jackson at the State of the City in March, 2015. - SAM ALLARD / SCENE
  • Sam Allard / Scene
  • Mooney and Jackson at the State of the City in March, 2015.
American Banker has named KeyCorp's Chairman and CEO Beth Mooney its "Most Powerful Woman in Banking" for the third consecutive year. 

Mooney has been in Key's top post since 2011 and is one of only two female CEOs of major banking companies in the country. She's also something of a local business celeb, chairing the Greater Cleveland Partnership and sitting on the boards of the Cleveland Orchestra, the Cleveland Clinic, and the United Way.


The American Banker profile celebrated Mooney, in particular, for her commitment to diversity on her staff. 

"This year, 25 percent of recent college graduates Key hired were minorities and 36 percent were women, up from 17 percent and 24 percent, respectively, just two years ago," American Banker reported. "Of the managers two levels below Mooney, 35 percent are women and 40 percent are minorities, and Key's board is now one of the most diverse in the industry, with five women among its 14 directors."

Key was highlighted earlier this summer as well, in a Bloomberg Business profile about Wall Street losing talent to smaller markets like Cleveland. One of that piece's two subjects, Maria Teresa Tejada, (a female and a minority, if you're keeping score) moved from London to Shaker Heights and now serves as KeyCorp's Chief Credit Officer.

Good on Mooney for making this a priority.  


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