Leadership Changes at TD Bank: New Co-Heads for Growth
Leadership Changes at TD Bank
TD Bank has made a significant announcement, sharing that Andy Bregenzer and Jill Gateman have been appointed as Co-Heads of U.S. Commercial Banking. This development comes as the bank prepares for a new chapter following the retirement of Chris Giamo, who dedicated 26 years to the bank and over 30 years to the industry.
Roles and Responsibilities of the New Co-Heads
In their new roles, Bregenzer and Gateman will have joint responsibility for overseeing all Commercial Banking operations in the United States. Bregenzer will concentrate on leading the Regional Commercial Bank, directing initiatives both in Small Business and beyond. Meanwhile, Gateman will head TD Bank's National Commercial Banking efforts, which include vital sectors such as Middle Market and Sponsor-Backed Finance, in addition to managing specialty lending lines. Together, they will work closely with TD Securities and TD Cowen to enhance advisory and investment banking services offered to clients.
Expertise and Vision
Both Bregenzer and Gateman bring extensive expertise to their new positions. Leo Salom, President and CEO of TD Bank, expressed confidence in their leadership abilities, stating that their combined experience across commercial banking positions them uniquely to further the objectives of the bank. Salom emphasized their dedication to client support and their deep industry knowledge that will help provide strategic insights.
Profile of Andy Bregenzer
Bregenzer boasts nearly 30 years of experience in commercial banking, with the last two decades spent at TD Bank. Most recently, he served as Executive Vice President and Regional President for TD's New York Metro area since 2016. He has managed all facets of TD's operations in the region, including a vast network of retail branches. His efforts have spanned multiple sectors, including not-for-profit organizations, commercial real estate, and small business banking. Bregenzer's role also included significant involvement in TD Bank's strategic growth initiatives since 2002, focusing on both retail expansion and commercial lending efforts.
Community Engagement
A dedicated community member, Bregenzer has supported various charitable organizations, including the American Cancer Society and the United Way, demonstrating his commitment to social responsibility. He holds an MBA in Finance from the University of Rochester and completed his undergraduate studies in Economics at the same university.
Profile of Jill Gateman
Jill Gateman joined TD Bank in 2023, taking on leadership of the Middle Market, Asset-Based, and Sponsor-Backed Finance divisions. She is recognized for spearheading initiatives that have led to increased market engagement and service expansion. Prior to her tenure at TD, Gateman led Corporate Banking at PNC Bank for 17 years, helping to manage their Eastern Region's Corporate Banking Segments. Her active involvement in corporate diversity initiatives at PNC highlights her dedication to fostering inclusive work environments.
Commitment to Non-Profits
Outside her professional endeavors, Gateman actively contributes to various non-profit organizations, currently serving on the Executive Committee for The Community Food Bank of New Jersey. She also earned her degree in Economics from Rutgers University, reinforcing her solid foundation in financial principles.
About TD Bank
TD Bank is noted for being one of the ten largest banks in the U.S. by assets, serving over 10 million customers. It provides a robust array of commercial, retail, and small business banking solutions through more than 1,100 locations along the East Coast. The bank is also engaged in vehicle financing and wealth management through its divisions. Its commitment to convenience and exceptional service has earned TD Bank the reputation as "America's Most Convenient Bank." The bank is a subsidiary of The Toronto-Dominion Bank, a leading financial institution in North America.
Frequently Asked Questions
What are the new roles of Andy Bregenzer and Jill Gateman?
They will serve as Co-Heads of U.S. Commercial Banking, overseeing all aspects of the commercial banking operations in the U.S.
Why did Chris Giamo retire from TD Bank?
Chris Giamo retired following his distinguished 26-year career at TD Bank and over 30 years in the banking industry.
What is the focus of Bregenzer's role?
Bregenzer will lead the Regional Commercial Bank, with an emphasis on Small Business initiatives and overall regional banking strategies.
What does Gateman's position entail?
Gateman will oversee TD's National Commercial Banking efforts, which encompasses various sectors like Middle Market and Specialty Lending.
How does TD Bank serve its customers?
TD Bank provides a comprehensive range of banking products and services, including retail, commercial, and wealth management solutions through a network of convenient locations.
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