US Bank has appointed Joseph Giordano as president of its Global Corporate Trust Services (GCTS) division.
Giordano, who currently serves as senior vice president and head of the municipal and corporate divisions of GCTS, will take over as president effective 1 June 2017.
Giordano has more than 35 years of experience in corporate trust and the financial services industry, and helped lead US Bank’s CDO team to 53 per cent market share in little more than four years. Prior to US Bank, Giordano served in senior roles at JP Morgan Chase, where he managed CDO, asset-backed securities, mortgage-backed securities, and municipal and corporate business.
“Joe has the deep experience and unwavering commitment to client success that I firmly believe will take our Global Corporate Trust Services division to an even higher level of service,” says Gunjan Kedia, vice chairman of US Bank Wealth Management & Securities Services. “We are thrilled that he will be leading what is already a high-performing team of corporate trust professionals.”
Giordano is succeeding Bryan Calder as president of Global Corporate Trust Services, who has announced his plans to retire this summer. Calder has been with US Bank since 2002.
“Bryan has done an exemplary job in growing our corporate trust business into the industry leader it is today, and the most trusted choice among clients. He has demonstrated a commitment to doing the right thing by our clients and putting their best interests first,” Kedia says. “We wish him all the best in his retirement.”
