U.S. Bank Announces Hiring of Derek White as Chief Digital Officer
April 15 2019 - 11:30AM
Business Wire
Key hire reflects company’s commitment to
extending its leadership in digital innovation
U.S. Bank announced today that the company has hired veteran
digital leader and innovator, Derek White, as chief digital officer
responsible for leading the company’s newly combined digital team.
White will report to U.S. Bank chairman, president and CEO Andy
Cecere and be a member of the company’s Managing Committee.
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U.S. Bank has hired veteran digital
leader and innovator, Derek White, as chief digital officer
responsible for leading the company's newly combined digital team.
(Photo: Business Wire)
White will be responsible for the company’s enterprise-wide
digital strategy, including innovation, digital products,
development, omnichannel and Agile initiatives. His integrated team
will drive the company’s digital strategy and functionality,
integrating innovation enterprise-wide and bringing leading digital
capabilities into all of U.S. Bank’s lines of business as well as
current and future partnerships. The team’s efforts are focused on
ensuring the company’s customers can work with U.S. Bank when,
where and how they want.
“U.S. Bank is investing in the technology and talent to develop
even more industry-leading digital offerings so that our customers
can bank with us where, when and how they want,” said Cecere.
“Derek is an outstanding leader with a proven global track record
as a digital innovator in the banking industry. He and his team
will be instrumental in deepening our commitment to provide our
retail and institutional customers with the capabilities that make
it easier and better to bank with U.S. Bank.”
The company has made significant, ongoing investments in digital
to respond to the needs of consumers and the evolving marketplace.
Recent examples of the company’s digital progress include the
digitization of several lending processes, the launch of Simple
Loan, and the recent launch of an entirely new mobile banking
app.
“It’s an honor to have the opportunity to join U.S. Bank, a
company I have admired and watched closely throughout my career,”
said White. “U.S. Bank has a solid reputation as an innovator in
banking, is respected for its strong culture and admired for its
people. I am looking forward to leading this dynamic, talented team
as we help create the company’s future. It’s going to be an
exciting time for everyone who banks with, partners with or works
for U.S. Bank and it’s a privilege to be part of it.”
White was most recently global head of client solutions with
BBVA in Spain. In that role he led a team of nearly 10,000 people
focused on concepting, designing, creating and launching digital
and innovation work – from products and services to data science
units and venture creation – that spanned across BBVA, all in
service to the company’s customers, clients and employees. Prior to
that, he spent 12 years with Barclays in several leadership roles
including chief design & digital officer. He and his family
will be relocating to the United States when he begins with the
company this spring.
About U.S. BankU.S. Bancorp (NYSE: USB), with 74,000
employees and $467 billion in assets as of December 31, 2018, is
the parent company of U.S. Bank, the fifth-largest commercial bank
in the United States. The Minneapolis-based bank blends its
relationship teams, branches and ATM network with mobile and online
tools that allow customers to bank how, when and where they prefer.
U.S. Bank is committed to serving its millions of retail, business,
wealth management, payment, commercial and corporate, and
investment services customers across the country and around the
world as a trusted financial partner, a commitment recognized by
the Ethisphere Institute naming the bank a 2019 World’s Most
Ethical Company. Visit U.S. Bank at www.usbank.com or follow on
social media to stay up to date with company news.
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version on businesswire.com: https://www.businesswire.com/news/home/20190415005551/en/
Molly Snyder, U.S. Bank Public Affairs and
Communications612.303.0746; molly.snyder@usbank.com
Jennifer Thompson, U.S. Bank Investor Relations612.303.0778;
jen.thompson@usbank.com
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