Minneapolis-based U.S. Bank has named Tendayi Kapfidze as its new head of economic analysis. In his role, Kapfidze will build on U.S. Bank’s existing economic research capabilities, supporting the organization’s client-facing businesses as well as economic scenario analysis, Treasure Balance Sheet management activities, comprehensive capital analysis and stress testing and Current Expected Credit Loss modeling processes.
Kapfidze, 43, was most recently chief economist at Lending Tree. He has been responsible for analyzing the U.S. economy with a focus on housing and mortgage trends. He often helps consumers understand the economy through media appearances and interviews in major U.S. news outlets. He has also held senior economist roles at Pfizer, Ally Financial and Bank of America. Kapfidze has a bachelor’s degree in engineering management from Saint Louis University and a master’s degree in applied economics from Johns Hopkins University.
“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.”