SUPERIOR, CO. – Feb. 26, 2018 – Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), today announced it has named Philip Turner executive vice president and head of originations business processing teams. In this role, Turner will lead the teams responsible for client experience, program development, and originations risk and controls for the company’s bank channel, commercial vendor, government finance, capital markets and specialty finance units.
“Phil brings to this position more than 30 years of strategic leadership and credit management experience across a wide variety of sectors, geographies, and banking and finance models,” said Adam D. Warner, president of Key Equipment Finance. “I’m excited to welcome Phil back on our team, and I look forward to working with him as he leads the onboarding of all relationships and transactions for Key Equipment Finance.”
Previously, Turner was executive vice president, senior group credit executive of community banking commercial credit for KeyBank, which followed a position as executive vice president, group credit executive, Key Equipment Finance, which he joined in 2009. Prior to joining Key, Turner held senior roles at CIT and Barclays, including a number of international roles in the United Kingdom, Middle East and Africa.
Turner has an MBA from Heriot-Watt University in Edinburgh, Scotland.
About Key Equipment Finance
Key Equipment Finance has been in the equipment finance business for 44 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.
Key Equipment Finance’s specialty finance group includes a specialty finance lending team, which provides structured facilities to various sectors of the specialty finance market, and a lease capital markets team to support corporations looking to optimize risk and revenue. Headquartered outside Denver, Colorado, Key Equipment Finance manages nearly $13 billion in assets and originates nearly $6 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $137.7 billion at December 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visithttps://www.key.com/. KeyBank is Member FDIC.