TD Bank Financial Group appoints Chief Risk Officer
December 08 2006 - 7:31AM
PR Newswire (US)
Mark Chauvin, long time TD executive to head up Risk Management
TORONTO, Dec. 8 /PRNewswire-FirstCall/ -- Ed Clark, President and
Chief Executive Officer of TD Bank Financial Group (TDBFG) today
announced the appointment of Mark Chauvin, currently our head of
Credit Risk, as Executive Vice President, Risk Management and Chief
Risk Officer of the Bank. In his new role, Chauvin will lead TD's
Risk Management functions and represent TD with external regulators
including OSFI, FSA and the U.S. Federal Regulators. The
appointment is effective immediately. "I am very pleased about this
decision. Mark has earned the respect and confidence of the entire
Senior Team here at TD during his 26 year career and he is known
for his ability to provide balanced solutions," said Ed Clark, TD's
President and CEO. "Mark's expertise and his understanding of the
business, combined with his exceptional judgment positions us well
to deliver on our business strategies," added Clark. About TD Bank
Financial Group The Toronto-Dominion Bank and its subsidiaries are
collectively known as TD Bank Financial Group. TD Bank Financial
Group serves more than 14 million customers in four key businesses
operating in a number of locations in key financial centres around
the globe: Canadian Personal and Commercial Banking including TD
Canada Trust; Wealth Management including TD Waterhouse and an
investment in TD Ameritrade; Wholesale Banking, including TD
Securities; and U.S. Personal and Commercial Banking through TD
Banknorth. TD Bank Financial Group also ranks among the world's
leading on-line financial services firms, with more than 4.5
million on line customers. TD Bank Financial Group had CDN$392.9
billion in assets, as of October 31, 2006. The Toronto-Dominion
Bank trades on the Toronto and New York Stock Exchanges under the
symbol "TD". DATASOURCE: TD Bank Financial Group CONTACT: Simon
Townsend, TD Corporate Communications, (416) 944-7161
Copyright