Gunjan Kedia Elected as First Indian American CEO of US Bancorp

US Bancorp Announces Leadership Change: Gunjan Kedia to Succeed Andy Cecere

Highlights:

  1. Historic Appointment: Gunjan Kedia becomes the first Indian American CEO of US Bancorp.
  2. Leadership Transition: Kedia will take over from Andy Cecere, who will become executive chairman.
  3. Extensive Experience: Kedia brings nearly three decades of experience in financial services.

Summarized Story:

US Bancorp has announced that Gunjan Kedia will become its next CEO, making her the first Indian American to lead the company. Kedia, who joined US Bancorp in 2016, will succeed Andy Cecere on April 15, 2025. Cecere will transition to the role of executive chairman.

Kedia’s extensive experience in financial services, including roles at State Street Financial, BNY Mellon, McKinsey & Company, and PwC, has prepared her for this leadership position. She has been recognized multiple times for her influence in the financial sector and currently serves on the boards of PBS, the American Red Cross, and Carnegie Mellon Business School.

Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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