TD appoints new head of Canadian business banking

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TD’s head of treasury and enterprise strategy Barbara Hooper stepping into the role as Paul Douglas stepping down after 19 years leading TD’s business banking division

is making changes to its top ranks as its head of Canadian business banking retires after nearly five decades.at the end of April after about 19 years leading the division. Stepping into the role is head of treasury and enterprise strategy Barbara Hooper.

Mr. Douglas will continue with the bank after April to assist as Ms. Hooper transitions into the role. After 47 years in positions leading business banking, corporate banking, investment banking and risk management, Mr. Douglas is taking on a newly created consulting post after he retires as chair of Canadian business banking and will act as a special adviser to the CEO.

Chief financial officer Kelvin Tran is taking on an expanded mandate managing treasury, corporate development, and strategy and funding. Kenn Lalonde, TD’s chief human resources officer, will oversee sustainability and corporate citizenship, as well as strategic sourcing and real estate.

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