2025 Power 50: 38. Matthew E. Hummel
Matthew Hummel, a former All-American college basketball player at Colby College, is the Connecticut and western Massachusetts market president for Ohio-based KeyBank, which established a presence in the state in 2016 with its $4.1 billion acquisition of First Niagara Financial Group.
Hummel joined KeyBank in 2020 to jump-start its commercial lending activity in Connecticut. Shortly after, he was promoted to market president.
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He’s made a big impact since being in the role. KeyBank named the Connecticut/Massachusetts region its “Market of the Year” in 2022 due to its: strong performance in new client acquisition and sales; strength of risk management and asset quality; and service quality and employee engagement.
Before joining KeyBank, Hummel spent most of his three decade-plus career at Bank of America.
His focus at KeyBank has been on the middle market commercial lending space, providing loans and other financial services to companies with between $25 million to $2 billion in revenue.
The avid UConn fan has lived and worked in Connecticut his whole life. He sits on the board of the Connecticut Business & Industry Association.
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