KeyBank has promoted Doug Dell, a Colorado market executive, has been named director of middle market specialty finance. In this newly created national role, he will use his background in Employee Stock Ownership Program transaction financing to grow and support the bank’s firmwide portfolio of employee-owned business clients.

“Doug’s experience and aptitude make him ideally suited for this new role,” said Laurie Muller-Girard, executive vice president, west region commercial sales executive. “He has extensive experience working with ESOPs, and his history within KeyBank has proven him a valuable team member. I am eager to see what new ideas he brings to this position.”

Dell joined Key in 2004, eventually relocating to Colorado in 2013 to take on the role of commercial sales leader. He has more than 30 years of professional ESOP experience gained in banking and private industry.