TD Bank Group today welcomed new president and CEO Bharat Masrani to his role.
On April 3, 2013, TD’s Board of Directors announced that in keeping with TD’s succession plan, Bharat would succeed Ed Clark on November 1, 2014.
Masrani has more than 27 years of banking experience and is a member of TD’s Board of Directors. He has held executive roles at the bank, including Chief Risk Officer. Since July 1, 2013, he has held the position of Chief Operating Officer.
Clark has stepped down from the board but, as previously announced, his intention is to remain a director until the bank’s 2015 Annual General Meeting.