Raymond Chun appointed Group Head, TD Wealth Management and Insurance

Chun was President of TD Direct Investing and Executive Vice President of TD Bank Group since June, replacing Paul Clark, who became CEO of TD Waterhouse. Clark had taken over the private wealth management and financial planning businesses of TD Wealth Management from Dave Kelly, who left the bank in September.

A spokesperson said TD has no plans to announce Chun’s replacement at Direct Investing at this time.

Chun was President and CEO of TD Insurance from 2019 to 2021. Chun, who has worked for the bank since 1995, has held positions in personal banking, branch banking, TD Waterhouse private customer group. , TD Direct Channel Sales, and Customer Experience and Operations. .

Salom was Head of Wealth Management and TD Insurance since 2017 and was Executive Vice President of Wealth Management from 2013 to 2017. He joined TD in 2011 as Executive Vice President advisory activities at TD Wealth Management.

As TD’s head of wealth management operations, Salom increased total assets under management and administration to $ 1,000 billion across Canadian and US wealth management platforms, the bank said in the statement.

Among the broader leadership changes at TD, Teri Currie, Group Head of Personal Banking in Canada, will retire at the end of January after nearly 35 years with the bank. She will join the board of directors of U.S. bank TD on February 1, 2022.

Michael Rhodes, Group Head of Innovation, Technology and Shared Services, will become Group Head, Personal Banking Services in Canada, and Greg Braca, Group Head, US Retail, will become Vice President of TD Bank in the United States, reporting to the CEO of TD Bank Group. Bharat Masrani.

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