Issue link: https://nebusinessmedia.uberflip.com/i/1175838
16 Hartford Business Journal • October 14, 2019 • www.HartfordBusiness.com Closer Coverage SM means more value, delivered with a personal touch. Our priority is providing Closer Coverage SM for you. At Acadia Insurance, we believe that better coverage means having an in-depth knowledge of your business. This means understanding the risks and uncertainties from your perspective. At Acadia Insurance, this is how we are closer to your business — and to you. We insure businesses large and small: CONSTRUCTION • FARMERS • FINANCE & REAL ESTATE • HOSPITALITY INSTITUTIONS • MANUFACTURING • PROFESSIONAL OFFICE • RETAILERS SERVICE • TRANSPORTATION • WHOLESALERS • WOOD PRODUCTS By Matt Pilon mpilon@hartfordbusiness.com S ince it entered the Con- necticut market three years ago through its $4.1 billion acquisition of First Niagara Bank, Ohio-based KeyBank's deposits market share in the state has been relatively flat. James Barger wants to change that. The 55-year-old senior vice presi- dent is KeyBank's recently named Connecticut-Massachusetts market president, as well as commercial sales leader. In a recent interview at Key- Bank's 100 Pearl St., private bank- ing suite in downtown Hartford, where he divides his time with his other new offices in New Haven and Boston, Barger said he intends to hire more commercial bankers to his six-person commercial-lending team here. "I've spent a lot of time since I started working in Connecticut and Massachusetts recruiting," he said. "We're going to add two to three bankers here in Connecticut before the end of the year." KeyBank wasn't willing to disclose its commercial banking market share in Connecticut, but Barger characterized it as "modest" and he wants to grow it. "Obviously, Connecticut is not the fastest growing part of the U.S. econ- omy, but we don't have a big market share here, so it's a good opportunity for us to compete and grow," he said. Growing up in Boston and spend- ing much of the last 25 years of his banking career in New York — 15 of Growth Oriented KeyBank's new market leader has higher aspirations for CT HBJ PHOTO | MATT PILON James Barger, KeyBank's recently named Connecticut-Massachusetts market president, said he sees room for growth in the Nutmeg State, despite its economic challenges.