U.S. Bank Names Gunjan Kedia Vice Chairman of Wealth Management & Securities Services
December 12 2016 - 11:00AM
Business Wire
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. BankMinneapolis-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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U.S. BankMichael Walsh, vice president of public relations,
612-303-9122michael.walsh@usbank.com
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