Original Source Material
With the move, effective in April, the Minneapolis-based lender joins all eight of the U.S.’s G-SIBs in consolidating CEO and chair roles. Gunjan Kedia’s predecessor, Andy Cecere, is retiring from the board.
U.S. Bank CEO Kedia named chair
Summary
- Gunjan Kedia is named CEO and chair of U.S.-based Minneapolis lender, consolidating these roles among eight G-SIBs.
- Andy Cecere, the previous CEO, is retiring from the board.
Why It Matters for Texas Credit Unions
The article does not mention Texas specifically and focuses on a national banking trend.