American Bank announced the arrival of Tendayi Kapfidze as the new head of economic analysis.
In his new role, Kapfidze will build on the existing economic research capacities of the US Bank, supporting the company’s activities in contact with customers, as well as the analysis of economic scenarios supporting, among others, cash balance sheet management activities, comprehensive capital analysis and review (CCAR) stress testing and current expected credit loss modeling (CECL) processes.
Kapfidze is currently a member of the Editorial Advisory Board of DS News.
“Tendayi has great expertise and a solid background in macroeconomic and financial analysis,” said Jennifer thompson, EVP, Investor Relations and Economic Analysis for US Bank. âWe are delighted to have him at US Bank and to continue to build on the foundation we have in place. “
Kapfidze most recently held the position of Chief Economist at Lending Tree. While there, he was responsible for analyzing the US economy, with a focus on housing and mortgage trends. He frequently helps consumers understand the economy through media appearances and point-of-sale interviews, including The New York Times, The Wall Street Journal, USA Today, Yahoo! Finance and CNBC. He previously held senior economist positions at Pfizer, Ally Financial and Bank of America.
Kapfidze holds a bachelor’s degree in engineering management from the University of Saint Louis and a master’s degree in applied economics from Johns Hopkins University.