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The History of
Kennedy Moran Associates
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The Financial Training Consortium
Founded 2002
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Dating back to 1987 and beginning with Manufacturers Hanover Trust, a New York money-center bank, clients of the firm had been invited to join credit training programs that were being conducted for bank staff. The clients would pay a fee for this training. About the same time, The Chase Manhattan Bank was offering the same opportunity to a few clients.
In 1991, Manufacturers Hanover merged with Chemical Bank to become the new Chemical Bank. Five years later, Chemical merged with Chase to become the new Chase Manhattan Bank. Through these mergers, training continued to be offered to clients. Many banks and firms from around the world utilized this training service. From 1987 through 2002, the combined firms trained staff from more than 150 financial institutions worldwide. Both Americans and overseas clients benefited greatly from interacting on a daily basis with each other. This continues to be a very important feature of the programs.
In 2000, Chase merged with JPMorgan to become JPMorgan Chase. In June 2002, Tom Kennedy and Bill Moran, both from the heritage banks, left JPMorgan Chase to form a training group, Kennedy Moran Associates LLC: The Financial Training Consortium. Their goal was to continue making this very valuable training available to clients. The objective of the consortium is to provide a training platform for those banks and corporations that may not have their own financial training groups.
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Tom Kennedy has more than 25 years of teaching and departmental management experience. Tom joined Manufacturers Hanover in 1978 as an Analyst after teaching Accounting and Finance for five years. He held several positions in both the domestic and international sectors of the successor banks (Chemical/ Chase/JPMorgan Chase) and was for 15 years the director of Global Professional Development and credit training worldwide for the firm. He has conducted seminars in Asia, Europe, Africa, South America and the Middle East for bank staff and clients. Tom is currently an adjunct Associate Professor of Finance at Fordham University. He has been associated with Long Island University as an adjunct Professor of Accounting and Finance as well as a faculty member at the American Institute of Banking. He holds an MBA in Finance from St. John’s and a BS in Finance from the University of Pennsylvania’s Wharton School.
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Bill Moran brings more than 25 years of teaching and program management experience. After a time at Merrill Lynch, Bill joined the heritage bank firms of JPMorgan Chase in 1987. In the Global Bank, he managed and taught in the Credit Training Program as well as training programs for correspondent bankers. Bill also marketed and recruited clients for the Credit Training Program. While at JPMorgan Chase, Bill conducted workshops in Investment Banking and related topics as part of the firm’s recruiting efforts, especially targeting Women’s Colleges and Historically Black Colleges & Universities. He has created and conducted seminars in Selling & Negotiating Skills and Public Speaking Skills in New York, other U.S. cities and in Africa, Asia, Australia, Europe and the Middle East. Bill is involved in Series 7 exam preparation as an instructor and tutor. He holds a Master’s Degree in Education.
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