U.S. Bancorp (NYSE: USB), the holding company of U.S. Bank, has announced the appointment of Gunjan Kedia as its new president. Kedia, who brings over seven years of experience within the bank and nearly three decades in the financial sector, will report directly to Andy Cecere, the current chairman and CEO.

Kedia’s new role will see her at the helm of the company’s three primary business lines, with a clear mandate to foster growth and enhance client experiences throughout the bank’s network. Andy Cecere praised Kedia’s visionary leadership and her dedication to client service, team building, and upholding the company’s core values. “Gunjan is a partner in our journey towards a prosperous future, and her track record promises to catalyze further expansion across our diverse business lines,” Cecere remarked.

With a storied career that includes pivotal roles at PwC, McKinsey & Company, BNY Mellon, and State Street Financial, Kedia has been a driving force behind U.S. Bank’s growth trajectory since joining in 2016. Her efforts have significantly deepened client relationships, bolstered diversity initiatives, and been central to the bank’s strategic direction.

Kedia’s professional excellence has not gone unnoticed, earning her multiple accolades, including six American Banker Most Powerful Women in Finance honors and two inclusions in Barron’s 100 Most Influential Women in U.S. Finance. A distinguished alumna of Carnegie Mellon University, she holds an MBA with distinction and has received both the alumni achievement award and the professional excellence award. Her academic journey began with a bachelor’s degree in engineering from the Delhi School of Engineering.

Beyond her corporate commitments, Kedia is actively involved in the broader community, serving on the boards of PBS, Junior Achievement USA, and Carnegie Mellon Business School, contributing her expertise and leadership to these esteemed institutions.

“We have a unique and special culture at U.S. Bank that allows us to celebrate with our clients, grow alongside our team of talented professionals, and support our communities. I am deeply honored to be trusted with this opportunity to drive our future success in a broader way,” Kedia said. “I am looking forward to collaborating with leaders across our revenue lines to drive further success in our organization, as we continue to shape the future of U.S. Bank together.”

www.usbank.com/about-us-bank.html

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