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Lateral moves can be a way for women in banking to expand their knowledge base and make themselves more appealing candidates for upper management positions, according to the head of TD Bank's consumer bank Nandita Bakhshi.
November 26 - WIB PH
TD Bank prides itself on its award-winning customer service, and it's up to Linda Verba to ensure that its standards don't slip.
September 22 -
With more than 1,300 U.S. branches and a Canadian parent company, TD Bank hardly qualifies as a community bank. But the institution is trying to underscore its local-bank bona fides with marketing campaigns touting its support of neighborhood causes.
May 31
Toronto-Dominion Bank has named Michael Rhodes the new head of its U.S. consumer bank.
Rhodes will oversee retail operations for the $252.7 billion-asset unit after a stint as head of North American credit card and merchant services business, which he headed since 2011. He played a major part in card deals with consumer retail chain Target as well as Aeroplan, a Canadian-based airplane miles loyalty company, TD said.
Rhodes replaces
Rhodes' career in the financial services industry, primarily payments, has spanned 20 years and five countries, including a tenure as chief executive officer of MBNA Europe Bank Limited, the European credit card arm of Bank of America.
"Michael brings to his new role a proven track record of success across the financial services and banking industry," Mike Pedersen, president and chief executive of TD's U.S. bank, said in a release. "His breadth of global experience will serve him well."
TD's U.S. bank, based in Cherry Hill, N.J., has more than 1,300 branches in 15 East Coast states and the District of Columbia.