KeyCorp, a US-based bank holding company, has named Mark Williams as its new director of corporate strategy. He will report to CEO Henry Meyer and will join the company's management team.

Mr Williams will lead Key’s strategic planning function, including implementation of the strategic plan, competitive landscape analysis, and managing the company’s strategic planning framework and processes.

In addition, Mr Williams will serve as adviser to Key’s client segment and functional leaders on development of business plans and manage corporate initiatives that require cross-organizational design and implementation.

Williams’ experience includes leadership posts at major financial services, manufacturing, and consulting organizations, spanning two decades. Since 2005, he has been an executive vice president at PNC Bank, where he oversaw several of the company’s corporate banking units including its global banking unit. Prior to that, he was a director for US card operations, for Capital One Financial; and earlier, associate principal with McKinsey & Company. He began his career with GE Aircraft Engines, where he was an aerospace engineer.

Mr Meyer said: “As Key implements growth strategies as we emerge from the 2008-2009 economic environment, Mark’s focus and experience will add a very important and timely strategy and performance management dimension to our senior team. We also view the new role as a critical adviser to business-unit leaders in planning, market analysis and execution as well as cross-business initiatives.”