TORONTO, Oct. 28, 2021 /CNW/ - TD Bank Group (TD) (TSX and
NYSE: TD) today announced the following changes to its Senior
Executive Team.
TERI CURRIE TO RETIRE, WILL JOIN BOARD OF TD'S U.S.
BANK
After almost 35 years with the Bank, Teri Currie, Group Head, Canadian Personal
Banking, has informed TD of her intention to retire at the end of
January 2022. Upon her retirement,
she will be appointed to TD's U.S. Board of Directors, effective
February 1, 2022.
"Teri's contributions to TD have touched almost every corner of
the Bank. She rose from a teller at a branch in Calgary to lead our flagship Canadian Personal
Bank through a time of significant change and progress," said
Bharat Masrani, Group President and CEO, TD Bank Group. "Teri has
helped TD grow and succeed while setting the standard for inspiring
leadership. I will always value our long collaboration and I am
extremely pleased that she will join the Board of our U.S.
Bank."
As Group Head of Canadian Personal Banking, Currie spearheaded a
transformation that recognized customers' changing needs and
positioned the business well for growth through personalized advice
across all channels. She also successfully led the Canadian
Personal Bank through the COVID-19 pandemic, supporting thousands
of colleagues and helping millions of Canadians navigate an
uncertain environment.
A member of the Senior Executive Team since 2010, Currie
directly contributed to TD's industry-leading brand, talent
strategies, and digital and technology capabilities. She was
instrumental in building TD's unique and inclusive culture and in
creating the legendary customer experiences that are TD's
hallmark.
"I could not have asked for a more fulfilling career than I have
had during my almost 35 years with TD. Working side-by-side with
dedicated and talented colleagues to help build this formidable,
customer-centric and caring organization has been an absolute
privilege," said Currie. "I want to thank all of my TD colleagues
for their commitment to supporting the needs and aspirations of the
millions of Canadians we serve. You have always made me feel proud
to wear the TD shield, and I know that the best years at TD are
ahead of us."
LEADERSHIP ANNOUNCEMENTS
TD also announced additional changes to its Senior Executive
Team, effective January 1,
2022.
Michael Rhodes, Group Head,
Innovation, Technology and Shared Services, will become Group Head,
Canadian Personal Banking. A 25+ year career-banker,
Rhodes joined TD in 2011 to lead the Bank's North American Credit
Card and Merchant Services business, where he delivered significant
growth in Canadian cards and payments. He also ran the Consumer
Bank and Wealth Management for TD Bank, America's Most Convenient
Bank, a network of more than 1,200 stores with over 9 million
customers. In his current role, he leads the Bank's digital
and technology transformation, building new capabilities to serve
customers' changing needs and enhance the Bank's execution
capabilities.
Greg Braca, Group Head,
U.S. Retail and CEO, TD Bank, America's Most Convenient
Bank, will be appointed to the newly-created position
of Vice-Chair of TD Bank in the U.S., reporting to Bharat
Masrani. In this role, Braca will leverage his years of
experience and deep network to drive business development, build
new customer connections, and advise on new opportunities in the
U.S. market that further strengthen TD's competitive position.
As head of the U.S. businesses since 2017, Braca has extended
the Bank's leadership in a critical growth market, deepened TD's
relationships with millions of customers across the U.S. and
developed a strong bench of leaders. More recently, he
successfully steered TD's U.S. colleagues and customers through the
disruption and challenges of the COVID-19 pandemic.
Leo Salom, Group Head, Wealth
Management and TD Insurance, will become Group Head U.S. Retail and
CEO, TD Bank, America's Most Convenient Bank. Salom joined TD
in 2011 after almost 20 years of experience leading global retail
banking and investment management businesses. As head of TD's
Wealth Management business, Salom has grown total assets managed
for clients to more than CAD$1
trillion in AUA and AUM across Canadian and U.S. Wealth
platforms while continuing to build and strengthen the largest
direct-investing business and the largest institutional money
manager in Canada.
Raymond (Ray) Chun, President,
TD Direct Investing and Executive Vice President, TD Bank Group,
will become Group Head, Wealth and Insurance. Chun has held
various senior positions across the Bank since 1995, including in
Personal Banking Products, Branch Banking, TD Waterhouse Private
Client Group, TD Direct Channels Sales, and Customer Experience
& Operations. As President of TD Insurance, he led the
insurance business through a period of significant
growth.
"Greg has been instrumental in the success of our U.S.
businesses and I look forward to his continued contributions to our
performance," added Masrani. "Michael, Leo and Ray bring
significant experience and proven track-records leading critical
businesses and functions to their new roles. They are taking the
helm of strong businesses and will continue our focus on growth and
on delivering the legendary customer experiences that TD is known
for."
Additional Appointments
Greg Keeley, Executive Vice
President and Chief Information Officer will become Senior
Executive Vice President, Technology and Platforms, with
responsibility for TD's Technology, Enterprise Project Delivery
Excellence, Data and Customer Platforms teams. Keeley joined
TD in 2018 with over two decades of international financial
services leadership experience. He most recently steered the
Bank's technology response to the COVID-19 pandemic, strengthened
its cybersecurity and operational resilience, and built new
capabilities to drive performance and competitiveness.
Christine (Chris) Morris,
Senior Executive Vice President, Enterprise Transformation,
Enablement and Customer Experience will have an expanded
mandate with responsibility for Shared Services, which includes
North American Contact Centre and ATM, Canadian Collections and
North American Fraud Operations. She will also assume
responsibility for Digitization, Automation and Process
Engineering, Enterprise Data and Analytics, Layer 6 and Change
Management.
The following members of the Senior Executive Team will continue
to report to Masrani:
Riaz Ahmed, Group Head,
Wholesale Banking, TD Bank Group and President and CEO, TD
Securities
Ajai Bambawale, Group Head
and Chief Risk Officer
Norie Campbell, Group Head and General Counsel
Paul Douglas, Group Head,
Canadian Business Banking
Barbara Hooper, Senior
Executive Vice President, Treasury, Corporate Development,
Strategic Sourcing and Real Estate
Kenn Lalonde, Senior
Executive Vice President and Chief Human Resources Officer
Kelvin Tran, Senior Executive
Vice President and Chief Financial Officer
"TD has a deep bench of proven executives with the experience
and leadership capabilities needed for the future. Together, we
will continue our relentless focus on serving customers with
excellence, developing new capabilities to further enhance our
competitiveness, and driving the next phase of growth for the
Bank," concluded Masrani.
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively
known as TD Bank Group ("TD" or the "Bank"). TD is the fifth
largest bank in North America by
assets and serves more than 26 million customers in three key
businesses operating in a number of locations in financial centres
around the globe: Canadian Retail, including TD Canada Trust, TD
Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD
Insurance; U.S. Retail, including TD Bank, America's Most
Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an
investment in The Charles Schwab Corporation; and Wholesale
Banking, including TD Securities. TD also ranks among the world's
leading online financial services firms, with more than 15 million
active online and mobile customers. TD had CDN$1.7 trillion in assets on July 31, 2021. The Toronto-Dominion Bank trades
under the symbol "TD" on the Toronto and New York Stock Exchanges.
SOURCE TD Bank Group