CHERRY HILL, N.J., Jan. 28, 2021 /PRNewswire/ -- TD Bank,
America's Most Convenient Bank®, announced today that it
has combined its previous Commercial and Corporate and Specialty
Banking teams to create a new Commercial Bank. The new Commercial
Bank will drive growth, deliver a better client and colleague
experience and create efficiencies.
"Our Commercial Bank and Corporate and Specialty Banking teams
have repeatedly demonstrated that they can deliver strong results
together in any economic cycle," said Greg
Braca, President and CEO. "To continue their track record of
success, we have merged these teams to build on their combined
strengths and position them for long-term growth. Ultimately, it
will help TD scale its core businesses and build the Commercial
Bank of the future."
With this change, the Corporate and Specialty Banking teams --
Asset Based Lending, Equipment Finance, Institutional Healthcare
and Higher Education, Commercial Real Estate and Global Trade
Finance -- will join the Commercial organization.
TD Bank's Commercial Bank previously encompassed Middle Market,
community and small business lending, deposits, Treasury Management
and point of sale solutions for companies within the Bank's
Maine to Florida footprint. TD's Commercial Bank has
vertical expertise in restaurant franchise, non-profits, medical
and dental practice and U.S. Small Business Administration (SBA)
lending and will now include the vertical markets of the previous
Corporate and Specialty Banking portfolio.
Chris Giamo, Head of Commercial
Bank, will lead the newly formed business. Marla Willner, who had led the bank's Corporate
and Specialty Bank, will take on a new role leading Commercial
Credit Management for TD as well as other strategic
initiatives.
Giamo joined the bank in 1998 as the head of its New Jersey
Middle Market Lending Group in New
Jersey. After successfully growing and building the local
Middle Market business, he held various positions of increasing
responsibility in commercial and retail banking – including serving
as Regional President for TD's New
York Metro region. He was named Head of Commercial Bank in
2017.
Willner joined TD in 2000 and served for 15 years in various
executive roles across multiple businesses, including Investment
Banking, Capital Markets, Sales & Trading, and as Head of
Credit Management for Corporate Banking.
"This is an exciting opportunity to drive growth in our
commercial banking division through highly competitive service
lines and market expertise while delivering more of TD Bank to our
more than 9 million customers across commercial and consumer
banking," said Giamo. "I'm honored to lead our combined team on
behalf of our colleagues, customers and the communities we
serve."
About TD Bank, America's Most Convenient
Bank®
TD Bank, America's Most Convenient Bank, is one of the 10
largest banks in the U.S., providing more than 9.5 million
customers with a full range of retail, small business and
commercial banking products and services at more than 1,220
convenient locations throughout the Northeast, Mid-Atlantic, Metro
D.C., the Carolinas and Florida.
In addition, TD Bank and its subsidiaries offer customized private
banking and wealth management services through TD
Wealth®, and vehicle financing and dealer commercial
services through TD Auto Finance. TD Bank is headquartered in
Cherry Hill, N.J. To learn more,
visit www.td.com/us. Find TD Bank on Facebook
at www.facebook.com/TDBank and on Twitter at
www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank
Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services
company in North America. The
Toronto-Dominion Bank trades on the New
York and Toronto stock
exchanges under the ticker symbol "TD". To learn more, visit
www.td.com/us.
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SOURCE TD Bank