Tim Welsh





Tim Welsh

Vice Chair, Consumer and Business Banking

US Bank




Tim is vice chair of Consumer and Business Banking for U.S. Bancorp. In this role, Tim leads a team of more than 30,000 colleagues and oversees the company’s overall consumer and small business strategy and product management functions, branch network, mortgage, and all consumer lending.


Prior to joining U.S. Bancorp in 2017, Tim spent more than 26 years at McKinsey & Co., specializing in financial services globally and the consumer experience. He most recently served as a Senior Partner and was one of only 30 Senior Partners elected to serve on McKinsey’s Shareholders Council, which is the firm’s Board of Directors. He also led McKinsey’s global Learning and Development function, as well as co-led the firm’s People Strategy.


Tim holds a Master of Business Administration degree with distinction from Harvard Business School and a bachelor’s degree magna cum laude in social studies from Harvard University.