U.S. Bank has appointed Gunjan Kedia as vice chairman of its wealth management and securities services division.
Kedia has 20 years of experience in financial services. Most recently, she was executive vice president and a management committee member at State Street, a position she left in May.
Previously, she was executive vice president at BNY Mellon and a partner at McKinsey & Company.
In her new role, Kedia will report to Andy Cecere, president and COO of U.S. Bank.
Cecere said: “Our wealth management and 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.”
He added: “[Kedia] 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.”
Kedia said: “U.S. Bank is a purpose-driven organisation 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.”
