Timothy A. Welsh
Vice Chairman, Consumer Banking Sales and Support, U.S. Bank

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Tim Welsh is vice chairman of consumer banking sales and support for U.S. Bank, where he oversees the company's overall consumer and small business strategy and product management functions, 24-hour banking, mortgage and consumer lending and digital activities.

Prior to joining U.S. Bank, Welsh was a senior partner of McKinsey & Company. In his 25 years with the Firm, Welsh served clients throughout the financial services and consumer industries. He has served some of the nation’s leading insurers, banks, investment firms, consumer packaged goods, retailers and health care companies on issues of strategy, organization and operations. Within McKinsey, Welsh played several leadership roles to help guide the global institution. He served on the Firm’s shareholders council and was a member of the director review committee. He served as the global leader for firm learning and development and co-led the firm’s people strategy, which enhanced how McKinsey trained and developed its consultants around the world. He served as co-leader of the firm’s global strategy and corporate finance practice, co-led the North American life and wealth management practice and led the Midwest financial services practice.

Welsh is actively involved in the Minneapolis-St. Paul community. He is one of the founders of the Itasca Project, a coalition of business, government and non-profit leaders focused on building a thriving economy and improved quality of life in the Minneapolis-St. Paul area. Welsh currently serves as chairman of the board of GREATER MSP, vice chair of the Greater Twin Cities United Way Board, vice chair of the St. Paul Academy and Summit School Board, governance chair for the GHR Foundation and as a member of the Board of the Minnesota Orchestra, Minnesota Teach for America, Commonweal Magazine and Minnesota Philanthropy Partners. 

Welsh earned a masters degree in business administration with distinction from Harvard Business School and an undergraduate degree in social studies, magna cum laude, from Harvard University.