U.S. Bancorp announced that Gunjan Kedia will be its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO. In this role, Kedia, 53, will oversee the company?s three business lines, ensuring a shared focus on growth and holistic client experiences across its entire network. Kedia has spent nearly 30 years in financial services, serving in leadership roles at PwC and McKinsey & Company, and in global executive positions at BNY Mellon and State Street Financial.

She has been an influential leader at U.S. Bank since joining the organization in 2016, and she has steadily focused on enhancing growth and client depth in the businesses reporting to her, advancing company diversity efforts, and playing an important role in the organization?s critical strategies. Kedia has been recognized repeatedly for excellence in her career. She is a six-time American Banker Most Powerful Women in Finance honoree and has been named twice to the Barron?s 100 Most Influential Women in the U.S. Finance list.

She holds a master?s degree in business administration with distinction from Carnegie Mellon University, where she earned the alumni achievement award in 2018 and the professional excellence award in 2022. She earned a bachelor?s degree in engineering, also with distinction, from the Delhi School of Engineering. She currently sits on the board of directors for PBS, Junior Achievement USA and Carnegie Mellon Business School.