Gunjan Kedia to take Chief Executive Position at U.S. Bancorp

By: WE Staff | Wednesday, 29 January 2025

• USB.N announces Promotion of Gunjan Kedia
• Gunjan will become chief executive
• The appointment to get effective from April 15, 2025

Recently, U.S. Bancorp (USB.N) has made an announcement regarding the promotion of President Gunjan Kedia to the position of chief executive of the bank which will be effective from April 15, 2025. After her appointment, she will be the first women to be appointed in such a position in the entire history of the bank.

Headquartered in Minneapolis, USB.N is a financial service holding company that caters in the Money Center Banks industry with specialities in Asset-based lending, Commercial lending, Custody services, Equipment financing, Foreign exchange, Fund services, Global payments and receivables, Liquidity and asset management, Loan syndication.

Gunjan has been a part of U.S. Bank for the last 8 years, joining as Vice Chair of the bank. Prior to that, she worked with State Street for 7 long years as Executive Vice President that counts as one of her long-committed work experiences. She has also worked with Bank of New York Mellon as Executive Vice President for nearly 5 years, at McKinsey & Company as Partner for 8 years and lastly at Price Waterhouse Coopers as Senior Associate for 2 years.

Currently, she is volunteering as Board Member from the past 4 years at PBS; at Carnegie Mellon University - Tepper School of Business for the last 22 years and at Junior Achievement USA for 5 years. She has also volunteered for American Red Cross – Massachusetts for 10 years as Board Member.

Replacing Andy Cecere, Gunjan shall be appointed to her new position. “It has been a tremendous honor and a privilege I value deeply, and I believe the time is right to welcome Gunjan warmly to the role I've held for nearly eight years,” Andy said.