TD Bank combined its previous commercial and corporate and specialty banking teams to create a new commercial bank. Chris Giamo, head of commercial bank for TD Bank, will lead the newly formed business.
TD Bank appointed Ted Hopkinson as head of U.S. Corporate and Specialty Banking.
TD Bank Group President and CEO Mike Pedersen will retire in the summer of 2017. Greg Braca, current head of TD’s Corporate and Specialty Banking, will succeed Pedersen.
In March of this year, TD Bank announced its veteran banker in the metro-New York area Greg Braca would assume the post as head of Corporate and Specialty Banking. Some six months earlier, Joe Nemia joined the bank to lead its ABL group. Here, the two discuss everything from future plans for the unit to the bank’s ability to embrace the realities of doing business in a highly regulated environment.