Randy Paine has been named President of KeyBanc Capital Markets, the broker/dealer subsidiary and corporate and investment banking platform of KeyCorp. In connection with Paine’s added responsibilities, he will also assume oversight of Key’s Public Finance and Public Sector business segments. He will report to Christopher M. Gorman, president of Key Corporate Bank, which encompasses KeyBanc Capital Markets, KeyBank Real Estate Capital, Enterprise Commercial Payments and Key Equipment Finance.

“Randy is a highly respected leader with a proven ability to build teams that drive results,” said Gorman. “We’re fortunate to have the depth of talent that allows us to promote from within the organization to lead this unique and important business.”

Paine has responsibility for more than 600 KeyBanc Capital Markets professionals in Corporate and Investment Banking, Equity and Debt Capital Markets and Public Sector/Public Finance across a national footprint.

Prior to his appointment, Paine served as the co-head of KeyBanc Capital Markets and led the firm’s corporate and investment banking business. Paine joined Key and its predecessor companies in 1993.