U.S. Bank Names Derek Martin St. Louis Market President
March 24 2021 - 9:00AM
Business Wire
U.S. Bank announced today that Derek Martin has been named St.
Louis market president, succeeding Larry Otto, who retired on March
19, 2021. For 20 years, Martin has successfully managed a deep and
diverse portfolio of middle-market companies, ranging from
manufacturing and retail to distribution and transportation. With
this new role, he will lead the Commercial Banking group in the St.
Louis market and direct U.S. Bank initiatives across the
region.
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Derek Martin named U.S. Bank market
president, St. Louis (Photo: Business Wire)
“Derek has a long history of serving middle market clients and
supporting their success,” said Regional Market President, Mike
Prescott. “His client focus, depth of experience, and passion for
developing talent will deliver tremendous value for our clients and
employees in St. Louis.”
Derek is an active leader in the community and sits on the
boards of the St. Louis Municipal Theatre and the St. Louis Sports
Commission. He is also a U.S. Soccer-licensed coach, currently
volunteering at the St. Louis Scott Gallagher Soccer Club.
He has a Bachelor of Science degree in Finance from Seton Hall
University and an MBA in Business and Finance from University of
Missouri – St. Louis.
About U.S. Bank
U.S. Bancorp, with nearly 70,000 employees and $554 billion in
assets as of December 31, 2020, is the parent company of U.S. Bank
National Association, the fifth-largest commercial bank in the
United States. The Minneapolis-based bank blends its relationship
teams, branches and ATM network with digital tools that allow
customers to bank when, where and how they prefer. U.S. Bank is
committed to serving its millions of retail, business, wealth
management, payment, commercial, corporate, and investment
customers across the country and around the world as a trusted and
responsible financial partner. This commitment continues to earn a
spot on the Ethisphere Institute’s World’s Most Ethical Companies
list and puts U.S. Bank in the top 5% of global companies assessed
on the CDP A List for climate change action. Visit usbank.com for
more.
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U.S. Bank Public Affairs &
Communications Elizabeth
Parra elizabeth.parra@usbank.com
@usbank_news
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