U.S. Bancorp announced on Tuesday that President Gunjan Kedia will become its chief executive, effective April 15, becoming the first woman in the bank's history to take up the role. Kedia joins only a handful of female CEOs in the finance sector,

Kedia, who joined U.S. Bancorp in 2016, has been a key driver of the company’s revenue lines and brings nearly 30 years of experience in financial services. Before U.S. Bancorp, she held global executive roles at State Street Financial and BNY Mellon and worked in leadership positions at McKinsey & Company and PwC.

Gunjan Kedia is set to take the helm of the nation’s largest regional bank in mid-April, becoming its first woman CEO.

U.S. Bancorp said President Gunjan Kedia will become chief executive officer, replacing Andy Cecere, who will remain the lender’s chairman.

Gunjan Kedia, president of U.S. Bancorp, will become the company’s CEO on April 15. Kedia also was elected to the company’s board of directors. Current chairman and CEO Andy Cecere will serve as executive chairman.

Gunjan Kedia, who is currently the President of the US Bancorp is set to make history as the first female Chief Executive Officer of the MNC. | News, First Women, Indians Abroad, US Edition

Kedia, also elected to the Minneapolis-based company’s board, will become CEO on April 15, at the conclusion of U.S. Bancorp’s annual shareholders meeting, according to a statement.

Kedia is scheduled to become the first woman to run the nation's seventh-largest bank by asset size. Some analysts expressed surprise over the timing of the announcement.

U.S. Bank has named Gunjan Kedia chief executive, effective April 15. Kedia will succeed CEO Andy Cecere, who will serve as executive chairman and remain on the bank’s board of directors, according to a release from the Minneapolis-based bank today.