Magazine : Archives : 1st Quarter 2019

Growth Through Digital Banking, Not M&A

Since becoming a banker in 1985, Andy Cecere has climbed the ranks of the banking industry to become the chairman and chief executive officer of U.S. Bancorp. He’s amassed an impressive resume along the way. He was at the table when what is now the fifth-largest commercial bank in the country was created through a megamerger almost two decades ago. He helped navigate U.S. Bancorp through the financial crisis, which the bank emerged from with the highest debt rating in the industry. And by the time the now 58-year-old bank executive moved into the corner office in 2017, the $465...