U.S. Bank Names Sayantan Chakraborty Head of Product Management, Global Treasury Management
December 19 2016 - 9:00AM
Business Wire
U.S. Bank, the nation’s fifth largest bank by assets, announced
today that it has named Sayantan Chakraborty senior vice president
and head of product management of its Global Treasury Management
business.
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Sayantan Chakraborty, SVP and head of
product management, Global Treasury Management at U.S. Bank (Photo:
Business Wire).
In this role, Chakraborty will oversee the Global Treasury
Management product management and development organizations. The
Global Treasury Management business at U.S. Bank has been growing
rapidly, building on a proactive approach to technology and
engineering change at client companies through its innovative
Working Capital DNA® Engagement process.
“This is an exceptionally exciting period in treasury
management, with major changes coming to the industry, driven by
financial technology and customer demand for improved efficiencies
and new solutions,” said Richard Erario, executive vice president,
who heads Global Treasury Management at the company. “We are
delighted to have Sayantan join us at such a pivotal time in our
evolution, and I look forward to his many contributions as we
continue to seek out innovative ways to meet the needs of our
clients.”
Chakraborty comes to U.S. Bank from Citibank N.A. where he was
most recently a managing director in the Treasury and Trade
Solutions group. During his 15-year career with Citi he held
various leadership positions, including head of the North America
payments business and head of client implementations. His
experience includes senior roles in investment banking, wealth
management and banking operations at Citi and other financial
institutions. A former director on the board of NACHA, Chakraborty
has been an advocate within the industry for some of the most
important ongoing market initiatives, such as same-day ACH and
real-time payments.
Chakraborty will be based in New York City.
About U.S. BancorpMinneapolis-based U.S. Bancorp (NYSE:
USB), with $454 billion in assets as of September
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. BankElizabeth Parra, 415-464-8521Corporate
Communicationselizabeth.parra@usbank.com
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