U.S. Bancorp appoints Toby Clements as COO

U.S. Bancorp (USB) announced that Toby Clements will become its new senior EVP and COO. Clements will join the company’s managing committee and succeed Souheil Badran, who announced his retirement from the company earlier this year. Clements came to U.S. Bank in 2017, serving as an executive officer in European operations. Prior to joining the company, Clements worked in executive roles at PTSB in Dublin and Tesco Bank in Edinburgh. He also has experience in consulting and strategy at Navigant and Barclays in London.