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  • Gunjan Kedia Named CEO of U.S. Bancorp, Succeeding Andy Cecere

Gunjan Kedia Named CEO of U.S. Bancorp, Succeeding Andy Cecere

Key Highlights:

  • Gunjan Kedia will assume the role of CEO of U.S. Bancorp on April 15.

  • Current CEO Andy Cecere will transition to executive chairman and remain involved in leadership.

  • Kedia has been with U.S. Bancorp since 2016, overseeing revenue lines and driving strategic growth.

  • She has 30 years of experience in financial services, including leadership roles at State Street, BNY Mellon, McKinsey, and PwC.

  • Kedia is a highly recognized leader, named multiple times to American Banker’s Most Powerful Women in Banking and Finance list.Paste

Source: Direct

Notable Quotes:

“One of the hallmarks of U.S. Bancorp is its thorough and measured approach to succession planning. The company’s bench is deep, and the talent to grow and promote from within is impressive.”

Roland Hernandez, Lead Independent Director at U.S. Bancorp

“I am deeply honored to be trusted to lead this iconic company. We will build on a solid foundation of integrity and doing business the right way to drive growth.”

Gunjan Kedia, Incoming CEO at U.S. Bancorp

“I believe the time is right to welcome Gunjan warmly to the role I’ve held for nearly eight years. She is a terrific leader who is poised to confidently guide U.S. Bancorp into the future.”

Andy Cecere, Executive Chairman at U.S. Bancorp

Why This Matters:

This leadership transition marks a significant milestone for U.S. Bancorp, as Gunjan Kedia steps in as the new CEO, making her one of the most influential women in banking today. Under Cecere’s leadership, the bank expanded significantly, and Kedia’s appointment signals continuity and strategic growth for the institution. As she takes the helm, Kedia’s expertise in financial services, digital innovation, and customer engagement will shape U.S. Bancorp’s future. Her leadership will be closely watched in the evolving landscape of banking and finance.