KeyCorp has named Christopher Gorman as new president of Key Corporate Bank, and William Koehler as president of Key Community Bank, effective immediately.

Gorman has been with Key since 1991, and has 27 years of experience in corporate and investment banking. Currently, he leads the Key business groups, previously known as Key National Banking.

Previously, Gorman served as president of KeyBanc Capital Markets. He is a member of KeyCorp’s management committee.

Koehler has 20 years of experience in the financial services industry and joined Key in 1996. He has been president of KeyBank’s Great Lakes Region, which encompasses more than 340 branches in seven Key districts in Ohio, Michigan and Indiana. Also, Koehler led the corporate-wide initiative known as Keyvolution.

Prior to this role, Koehler was KeyBank’s district president in Michigan and managing director of KeyBanc Capital Markets.

Gorman and Koehler will report to KeyCorp president and CEO Beth Mooney. Mark Williams, director of Strategic Planning, will also report to Mooney.

The bank said that this move will enhance its ability to effectively integrate and align corporate and business unit strategy.

Mooney was named KeyCorp President and COO on Nov. 18, and will succeed KeyCorp chairman and CEO Henry Meyer when he retires effective 1 May 2011.