Kerr Named to U.S. Bank Trust & Custody Post

April 26, 2007 ( - U.S. Bank has tapped Jeffrey J. Kerr as president of U.S. Bank Institutional Trust & Custody.

A news release from the Minneapolis-based bank said Kerr will report to Diane L. Thormodsgard, vice chairman and head of wealth management.

According to the company, Kerr will manage a business that provides trust, custody, retirement, investment services and health savings accounts to institutional clients through a national network of offices.

Previously, Kerr was senior vice president and national manager of the trust and custody group at U.S. Bank Institutional Trust & Custody, the company said.

During his nine years with U.S. Bank, Kerr also managed several groups within corporate trust, including structured finance, document custody services and the support services group. Prior to joining U.S. Bank, he worked for Deutsche Bank for ten years managing several groups within institutional trust and custody, including head of U.S. domestic custody operations.

Kerr earned a Master of Business Administration degree from the University of California at Los Angeles and a Bachelor of Science degree in finance from Brigham Young University.

More information about the company is at .