Shailesh Kotwal

Shailesh M. Kotwal

Age: 58

Vice Chair, Payment Services

Shailesh Kotwal is the vice chairman, Payment Services of U.S. Bancorp, a well-respected financial services holding company with businesses across the United States, Canada and Europe. U.S. Bancorp is headquartered in Minneapolis and is the parent company of U.S. Bank, which is the fifth-largest commercial bank in the United States. U.S. Bancorp is also the parent company of Elavon, a leader in the payment processing industry.

Kotwal joined the company in March 2015 to lead U.S. Bank Payment Services, which provides digital and card-based payment and money movement capabilities to consumers, businesses and institutions of all sizes in North America and Europe.

Kotwal has more than 30 years of experience in international financial services. He has managed a number of businesses throughout in his career including consumer banking, payments and cards, wealth management, insurance, mortgages, deposits and lending in 30 different countries across North and South America, Asia Pacific and Europe.

Prior to his appointment at U.S. Bank, Kotwal served as Executive Vice President, Retail Banking Products and Services with TD Bank Group and also served as President, International for EFD│eFunds Corporation, a leader in electronic payment processing. For 18 years his impressive career at American Express included various senior management positions at American Express in New York, Europe and Asia Pacific, including divisional CFO and Executive Director & Region Head.

Kotwal is a Chartered Accountant and holds a bachelor’s degree in Accounting and Finance. He serves on the board of Early Warning Systems (Zelle) and the New York City chapter of the American Red Cross.

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