Salt Lake City— KeyBank has named Drew Yergensen Utah market president and commercial banking sales leader, effective January 1, 2021. A 10-year veteran of KeyBank, Yergensen currently serves as senior vice president, commercial banking sales leader for Utah. He will succeed Terry Grant, who has announced his retirement after serving as KeyBank Utah Market President for nearly six years.

As market president, Yergensen will drive collaboration and coordination of KeyBank activities and resources in the market, as well as serve as the face and voice of Key in the community. He will oversee the bank’s four core lines of business: commercial, private, business and retail banking. As Commercial Banking Sales Leader, he will continue to lead KeyBank’s efforts to serve commercial banking and corporate clients in Utah.

“Drew has played an important role in Key’s success in Utah over the past 10 years,” said Laurie Muller-Girard, west region commercial banking leader. “His client-focused approach, reputation as a motivational and team-oriented leader, and role in the local community make him well poised to assume the role of market president. Terry Grant leaves big shoes to fill, and Drew Yergensen is just the person to carry KeyBank into the future in Utah.”

Yergensen was named senior vice president and KeyBank Utah commercial banking sales leader in 2014 after serving as vice president and senior relationship manager for more than three years. He graduated magna cum laude from the University of Utah and earned his MBA magna cum laude from the University of Notre Dame. 

Grant, who has an accomplished 35-year career in banking, will retire on December 31, 2020. He joined KeyBank in 2014 and led the team to be named Market of the Year in 2018, an award that acknowledges it as the top performer among the 27 markets in KeyBank’s footprint.

“Terry Grant is one of the most well-respected business and community leaders in Salt Lake and across Utah, due in large part to his leadership, compassion, and focus on both clients and the community that he loves,” said Laurie Muller-Girard, West Region Commercial Banking Leader. “While we will miss Terry’s big personality and big heart, we wish him all the best as he transitions into retirement.”