Gunjan Kedia Named First Female CEO of U.S. Bancorp

Kedia will succeed Andy Cecere as CEO following the April 15 shareholders meeting, marking a significant leadership transition for the nation's fifth-largest bank.

• Gunjan Kedia, currently U.S. Bancorp's president, will assume the role of CEO on April 15, succeeding Andy Cecere, who will remain as executive chairman.
• Kedia, 54, joined U.S. Bancorp in 2016 and has held leadership roles in wealth management, investment services, and corporate banking.
• She will become one of only two women leading a top 50 U.S. bank, alongside Citigroup CEO Jane Fraser.
• Outgoing CEO Andy Cecere, who has been with the company for nearly 40 years, praised Kedia's vision and leadership as she prepares to guide the bank's future growth.
• U.S. Bancorp, managing $678 billion in assets, is expanding its global banking capabilities, including the recent launch of its Global Transaction Services group.

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