Hartford Business Journal

32 HARTFORDBUSINESS.COM | APRIL 6, 2026 POWE R 50 | BANKING & FINANCE Here's to You! Member FDIC Andreas Kapetanopoulos Connecticut Regional President Congratulations to Andreas Kapetanopoulos on being included on the Hartford Business Journal's Power 50 List Top-rated by Forbes and Newsweek www.nbtbank.com At NBT Bank, we champion those who drive progress and strengthen our communities. We're proud to support this moment of recognition—and to celebrate the impact you make every day. Congratulations on this well-deserved honor! M atthew E. Hummel has led Key- Bank's Connecticut and western Massachusetts market since 2020, overseeing commercial banking and representing the bank in both states. He joined KeyBank in 2020 with more than three decades of commercial banking experience and previously worked in Bank of America's Global Commercial Banking group. A ndreas Kapetanopoulos is NBT Bank's regional president for Connecticut and Massachu- setts, a role he assumed in 2019 as the bank moved to establish and expand its presence in the state. He led NBT's initial expansion into Connecticut, including the opening of offices in West Hartford and Glastonbury, and later oversaw growth tied to the bank's merger with Salisbury Bank and Trust Co., which broadened NBT's footprint in northwestern Connecticut. In 2025, KeyBank marked its bicentennial and continued expanding in Connecticut, where it entered the market in 2016 through the acquisition of First Niagara. Hummel said the region ranked among the bank's top 10 markets, and home lending closed the year with its best month on record. He also highlighted community engagement, including 175 employees volunteering at 17 nonprofits during Neighbors Make the Difference Day. Looking ahead, Hummel said housing affordability remains both a challenge and opportunity, noting the need for expanded education, job and housing options to sup- port long-term economic growth in the state. What qualities are most essential for effective leadership today? It is pretty simple: create clarity, fuel collaboration and empower people so that the team's collective talent becomes the driving force behind every strategic win. We go to market as a team. What do you value most about living or doing business in Connecticut? I've been in Connecticut my entire career and life. I grew up in Southbury, now live in Glastonbury, and my first job was at Connecticut National Bank. I'm hometown biased, of course, but I genuinely believe if Connecticut's not the best state to raise a family, then it's easily one of the top states for doing so. A big reason for that is we have such a successful economic backbone, and our strong banking industry is the heartbeat. Over the past 12 months, Kapetanopoulos said the organization has focused on con- tinuing its growth in Connecticut, including securing regulatory approval for a new branch in Torrington. Looking ahead, Kapetanopoulos said attracting and retaining talent remains the organization's biggest challenge in a tight labor market. What qualities are most essential for effective leadership today? Building trust and maintaining a high de- gree of self-awareness and empathy. What do you value most about living or doing business in CT? I moved back to Connecticut about 29 years ago. We loved raising our kids here and the education system in the state is excellent. We have made lifelong friends and connections here. What is one change that would make CT more competitive economically? Lowering energy costs, specifically elec- tricity and natural gas. Book recommendations: "Lincoln Highway" by Amor Towles; "Revenge of the Tipping Point" by Malcolm Gladwell Go-to news media outlets: NYT, HBJ, Barron's, WSJ, and Commercial Record Hobby or leisure activity: Spending as much time as possible with my family, whether it's walking on the beach or around town. Matt Hummel Market President and Commer- cial Banking Executive, CT and Massachusetts KeyBank Industry: Banking Annual revenue: $7.5 billion Education: Bachelor's degree in history and government, Colby Col- lege; MBA, Rensselaer Polytechnic Institute Birthplace: Hartford Andreas Kapetanopoulos Regional president, CT and Massachusetts NBT Bank Industry: Banking No. of employees: Over 2,000, with about 100 in CT Education: Bachelor's degree in inter- national relations, Boston University; MBA, Boston University Birthplace: Lincoln, Nebraska

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