- Toby Clements was named chief operations officer, effective April 13, reporting to CEO Gunjan Kedia.
- In the role, Clements will oversee client service centers and global operations teams, leading more than 16,000 employees.
- Clements joined U.S. Bank in 2017 and most recently led the organization’s client service centers.
- He previously held executive roles at PTSB and Tesco Bank, and worked at Navigant and Barclays.
- Clements will succeed Souheil Badran, who announced his retirement earlier this year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. U.S. Bancorp published the original content used to generate this news brief on March 26, 2026, and is solely responsible for the information contained therein.