KeyBank Appoints Alfred Carpetto to Lead Enterprise Commercial Payments Group

KeyBank has appointed Alfred Carpetto as executive vice president (EVP) and head of its enterprise commercial payments group. Carpetto will be based in Cleveland and report directly to Christopher Gorman, president of Key Corporate Bank and chairman and chief executive officer (CEO) of KeyBank.

As head of enterprise commercial payments, Carpetto will oversee Key’s treasury management, international foreign exchange (FX) and institutional asset services businesses. In this role, he will work closely with Key’s community and corporate bank to implement the bank’s commercial payments strategy. Additionally, he will play a vital role in the development of the bank’s healthcare payments capabilities.
Carpetto is a banking and financial markets industry veteran with more than 20 years of experience.

Carpetto most recently served as head of global transaction services for the Americas at Royal Bank of Scotland (RBS), where he established a strategic direction for driving growth of global transactions with banks and non-financial institutions in the US, Canada and Latin America. Prior to joining RBS, he was a sales executive within the treasury and securities services group at JPMorgan Chase. Carpetto also held leadership positions at Donaldson, Lufkin & Jenrette and Dean Witter Reynolds.

Carpetto serves on the PayCo Board of The Clearing House. He earned his bachelor’s degree in accounting from St. John’s University and completed executive education courses at the Columbia University and London Business School. He also holds NASD Security Licenses: Series 24, 7, 63.


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