U.S. Bank ranked No. 11 on the Fair360 Top 50 Companies for Diversity list in 2023.
U.S. Bank announced that Shruti Patel joined the company as the new Chief Product Officer for the business banking segment.
“We are thrilled to welcome Shruti, a dynamic leader with immense energy and passion for our business clients,” said Tim Welsh, Vice Chair, Consumer & Business Banking. “She will play a critical leadership role in driving forward our vision to provide simple and intuitive banking and payments solutions for businesses at every life stage. Shruti’s multidimensional understanding of the marketplace will be a tremendous asset as we continue to advance our integrated offering across banking, payments and software.”
Before joining the company, Patel was Head of Global Product Partnerships and Monetization at Shopify. She also has a background in embedded payments and partnerships at JPMorgan Chase.
“It has been impressive to see how U.S. Bank is powering the potential of small businesses at all stages of their journey,” Patel said. “The bank is an industry leader in bringing an all-in-one banking and payments offering to its business clients, making it easier for them to run their finances and operations. I’m incredibly excited to join the team.”