Robert F. Key

ROBERT F. KEY is Senior Vice President for CCM Investment Advisers. He
began his career at the South Carolina National Bank as a Corporate
Banker and later moved to First Union Bank where he started and managed
the Private Banking Group in Columbia, South Carolina. He subsequently
served as the Treasurer of The Seibels Bruce Group, a property and
casualty insurance company, where his responsibilities included
management of the fixed income investment portfolio, short term cash
management, debt management as well as investor relations. Mr. Key
joined CCM Investment Advisers in 1998 and his responsibilities include
management of client portfolios, marketing and fundamental research in
the utility, shelter, raw material, transportation and multi-industry
sectors. In addition, he serves as the Chief Fixed Income Strategist for
the firm. Mr. Key graduated from Furman University and earned an MBA
degree from the University of South Carolina in 1982. He is a CFA
charterholder, a Certified Cash Manager, has served as an Adjunct
Professor of Finance at the University of South Carolina and has
provided expert consultation on legal matters involving lending and