U.S. Bank Adds VPs in Trust and Custody

Chris Kaiser, John Murphy and Pat Walsh join U.S. Bank Institutional Trust and Custody as vice presidents and business development officers.

The three vice presidents are in the firm’s institutional trust and custody division, responsible for developing relationships with potential U.S. Bank clients.

Kaiser, based in Danbury, Connecticut, brings more than 20 years’ experience to the role, and most recently served as an investment adviser at J.P. Morgan Securities. He reports to Edward Buenaga, senior vice president and regional manager. He holds a bachelor’s degree from the University of Delaware in Newark and a master’s degree in business administration from LaSalle University in Philadelphia.

Murphy has worked in the financial services industry for more than 30 years. He comes to U.S. Bank from Bank of America, where he served as market director for institutional trust and investments. He works out of the firm’s office in Washington, D.C., and reports to Buenaga. Murphy holds a bachelor’s degree from Villanova University and a master’s degree from Drexel University. He is a member of the American Society Pension Professionals and Actuaries and the Society of Professional Administrators and RecordKeepers.

Walsh has worked in the financial services industry for nearly 20 years, recently acting as vice president of retirement business services at Charles Schwab & Co. Inc. He works with advisers and recordkeepers to support U.S. Bank’s individually directed accounts. Walsh reports to Karl Wilson, senior vice president and regional manager, in San Francisco. He holds a bachelor’s degree in business administration from the University of Notre Dame.

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