News

U.S. Bank announced today that it has named Tendayi Kapfidze as its new head of economic analysis.

In this role, Kapfidze will build on U.S. Bank’s existing economic research capabilities supporting our client-facing businesses as well as economic scenario analysis supporting, among other things, treasure balance sheet management activities, CCAR stress testing and CECL modeling processes.

Kapfidze, 43, was most recently chief economist at Lending Tree. During his time there, he was responsible for analysis of the U.S. economy with a focus on housing and mortgage trends. He frequently helps consumers understand the economy through media appearances and interviews in outlets including The New York Times, The Wall Street Journal, USA Today, Yahoo Finance and CNBC. He previously held senior economist roles at Pfizer, Ally Financial and Bank of America.

“Tendayi has great expertise and a strong track record in macroeconomic and financial analysis,” said Jennifer Thompson, executive vice president, investor relations and economic analysis. “We’re excited to have him at U.S. Bank and continue to build on the foundation we have in place.”

Kapfidze received a bachelor’s degree in engineering management from Saint Louis University and his master’s in applied economics from Johns Hopkins University.