Kenneth B. Colloton Appointed Albany Med’s Senior Vice President, Center for Innovation

Date: 24 January 2012

One of the region’s leading business executives and a recognized leader in innovation, growth and efficiency has been named senior vice president of Albany Medical Center and will head its newly created Center for Innovation.

Kenneth B. Colloton, whose career has spanned more than 35 years in banking and finance, joins the senior leadership team of the Medical Center, charged with leading the critical effort to improve competitiveness by efficiently delivering the highest quality of care at the lowest cost.

In his new position, Colloton will develop strategies and improvements to increase efficiency and help ensure continued success for Albany Med in the rapidly changing health care environment. In this role, he will also help shape the Center for Innovation, exploring new ways to advance Albany Med’s mission and improve the bottom line.’

The press release also states:

‘Colloton also brought these skills and experiences to numerous non-profit organizations, most notably the World Alliance of YMCAs, the oldest and largest health and human services organization in the world, where he was elected the first American president in 30 years and worked to transform the organization’s image to increase its global competitiveness in the areas of membership, employment and philanthropy.’

In his congratulatory note to Ken, our Secretary General stated on behalf of all his YMCA friends:

‘These are wonderful news and please receive my most sincere congratulations! We are proud of you and your new and prominent position in a field of work I know you will excel in and I am pretty sure it will make you thrive and enjoy and that you will lead this new department to great success.I cannot imagine anyone better placed to do such an important and challenging job and all your friends at the World Alliance of YMCAs and the worldwide YMCA movement stand together in wishing you every success in your new responsibility! God bless you, dear Ken!’