MINNEAPOLIS--(BUSINESS WIRE)--Dec. 12, 2016--
U.S. Bank, the fifth largest commercial bank in the United States,
announced today that it has named Gunjan Kedia as vice chairman of its
Wealth Management & Securities Services division. Kedia has more than 20
years of financial services experience, most recently as executive vice
president and Management Committee member at State Street, where she led
the core investment servicing business in the Americas. She will report
to Andy Cecere, president and chief operating officer of U.S. Bank.
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Gunjan Kedia, vice chairman of U.S. Bank's Wealth Management & Securities Services division. (Photo: Business Wire)
“Our Wealth Management & Securities Services businesses are important
components of our diversified business model. Wealth Management is
steadily growing as Americans focus on their retirement readiness. In
addition, we have leadership positions in all of our Securities Services
market segments, giving us a competitive stronghold,” Cecere said. “We
are thrilled to add Gunjan to our management team. She is a
forward-thinking leader with a deep understanding of the banking and
asset management industries. We are confident that she will lead us into
the next generation of growth with these businesses.”
At State Street, Kedia led a multi-billion dollar business and a global
team of associates. She has also held leadership roles at Bank of New
York Mellon, where she served as an executive vice president and led the
global product management function for their global asset servicing
business. In addition, she was a partner at McKinsey & Company and a
core leader of their Financial Services practice and an associate at
PricewaterhouseCoopers.
“It is a privilege to join such an exceptional, world-class financial
institution,” Kedia said. “U.S. Bank is a purpose-driven organization
that invests in its customers, communities, and each other every day. I
look forward to connecting with the team and being part of its long-term
growth story.”
Kedia earned a bachelor’s degree in engineering from the Delhi School of
Engineering, and an MBA from Carnegie Mellon University. She has served
on the boards of directors of the American Red Cross of Massachusetts,
the Carnegie Mellon Tepper Business School, State Street Syntel and
Boston Financial Data Services. She will be based at U.S. Bank’s
Minneapolis headquarters.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB),
with $454 billion in assets as of Sept. 30, 2016, is the parent company
of U.S. Bank National Association, the fifth largest commercial bank in
the United States. The Company operates 3,114 banking offices in 25
states and 4,875 ATMs, and provides a comprehensive line of banking,
investment, mortgage, trust and payment services products to consumers,
businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
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Source: U.S. Bank
U.S. Bank
Michael Walsh, vice president of public relations,
612-303-9122
michael.walsh@usbank.com