MINNEAPOLIS–(BUSINESS WIRE)–U.S. Financial institution introduced right now that it has named Tendayi Kapfidze as its new head of financial evaluation.
On this function, Kapfidze will construct on U.S. Financial institution’s present financial analysis capabilities supporting our client-facing companies in addition to financial situation evaluation supporting, amongst different issues, treasure steadiness sheet administration actions, CCAR stress testing and CECL modeling processes.
Kapfidze, 43, was most not too long ago chief economist at Lending Tree. Throughout his time there, he was chargeable for evaluation of the U.S. financial system with a give attention to housing and mortgage tendencies. He often helps shoppers perceive the financial system by media appearances and interviews in shops together with The New York Instances, The Wall Road Journal, USA In the present day, Yahoo Finance and CNBC. He beforehand held senior economist roles at Pfizer, Ally Monetary and Financial institution of America.
“Tendayi has nice experience and a powerful monitor file in macroeconomic and monetary evaluation,” stated Jennifer Thompson, govt vp, investor relations and financial evaluation. “We’re excited to have him at U.S. Financial institution and proceed to construct on the inspiration now we have in place.”
Kapfidze obtained a bachelor’s diploma in engineering administration from Saint Louis College and his grasp’s in utilized economics from Johns Hopkins College.
About U.S. Financial institution
U.S. Bancorp, with practically 70,000 workers and $553 billion in property as of March 31, 2021, is the father or mother firm of U.S. Financial institution Nationwide Affiliation. The Minneapolis-based firm serves hundreds of thousands of shoppers regionally, nationally and globally by a diversified combine of companies: Shopper and Enterprise Banking; Cost Providers; Company & Industrial Banking; and Wealth Administration and Funding Providers. The corporate has been acknowledged for its strategy to digital innovation, social duty, and customer support, together with being named one of many 2021 World’s Most Moral Firms and Fortune’s most admired superregional financial institution. Study extra at usbank.com/about.
U.S. Financial institution