Long-time Buffalo banker Linda Duch is resigning her current position as KeyBank's Buffalo District president on Jan. 1 to take the newly created job as Key's national executive for district management.
The new position will demand less of her time, allowing her to devote some of her energy to working for Partners for Business, a six-year-old family-owned investment banking company based in Buffalo.
Ms. Duch also will be changing seats on Key's district board of directors, moving from the chairman's position to board member. She remains based in Buffalo.
The bank is looking for a new district president.
In her new role with KeyBank, Ms. Duch will be involved in such things as establishing best practice programs for Key's 27 district presidents nationwide, setting up a communications system to enhance information flow from Key's business lines to the field and performance review systems.
"As the bank expands, I knew that Gary (KeyBank chairman and chief executive officer Gary Allen) needed support," Ms. Duch said. "He had been contemplating this position."
"Linda has successfully managed one of Key's largest and most competitive districts," Allen said. "Linda's strong leadership skills, keen customer focus and community sensitivity make her ideally suited for this newly created position. It also gives us the opportunity to export her talents nationally, while still maintaining her support of KeyBank in Buffalo."
The altered duties allow Ms. Duch to help her husband, Edward K. Duch Jr., also a long-time Buffalo banker, with Partners for Business. Duch worked for Goldome for 18 years, leaving in 1990 as executive vice president of support services and the indirect bank.
"Ed currently is working with seven firms in which we have minority equity postions," Ms. Duch said. "He is doing work for all of them and now is finding times when they need additional management support, which I can provide."
Ms. Duch started her banking career in the mid-1970s with the now-defunct Empire of America, FSB. She left the thrift in 1990 when it was closed by regulators and sold piecemeal.
In 1992, Ms. Duch joined Key Bank of New York as head of its trust and private banking division. Two years ago, she was named president of the Buffalo District.