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Why does TD talk about being the Better Bank, not the best?

A chat with Ed Clark about how TD is aiming higher everyday.

The Toronto-Dominion Bank video

Why does TD talk about being the Better Bank, not the best?

The Toronto-Dominion Bank video

2012 Annual Report -- A message from our President and Chief Executive Officer

The Toronto-Dominion Bank video

TD Bank's CEO Ed Clark gives video acceptance speech at IR Magazine Canada Awards 2012


Ed Clark, President and Chief Executive Officer
Ed Clark was appointed Group President and Chief Executive Officer of TD Bank Group on December 20, 2002. Prior to this appointment, he was President and Chief Operating Officer, a role he held since July 2000.
Following TD's acquisition of Canada Trust Financial Services in February of 2000, Ed joined TD Bank Group as Chairman and Chief Executive Officer of TD Canada Trust. In this role he oversaw the successful integration of the TD and Canada Trust banking operations. Before joining TD, Ed was President and Chief Executive Officer of Canada Trust Financial Services.
In 1985, he joined Merrill Lynch, and three years later Ed was appointed Chairman and Chief Executive Officer of Morgan Financial Corporation, a position he held until he joined Canada Trust Financial Services Inc. in 1991. From 1974 to 1984, Ed held a number of senior positions in the federal government.
Ed graduated from the University of Toronto in 1969 with a Bachelor of Arts degree. He earned his Master's degree and Doctorate in Economics from Harvard University in 1971 and 1974 respectively. Ed has also received honorary degrees from Mount Allison University, Queen's University and the University of Toronto.
Ed serves as Chairman of the Board of TD Bank N.A. and its subsidiary banks, and also serves as Vice-Chairman of the Board of TD Ameritrade Holding Corporation. He was the 2010 Cabinet Chair for United Way Toronto, and is currently a member of the Chair's Advisory Council for Habitat for Humanity Toronto, and provides support to Woodgreen Community Services, an organization that delivers programs to build sustainable communities in the Toronto area. Ed is also chair of the Advisory Board for the School of Public Policy and Governance at the University of Toronto.
Ed has been honoured numerous times for his vision, integrity and strong leadership. He was appointed to the Order of Canada in 2010 – one of the country's highest distinctions – for his "contributions to Canada's banking and financial industry, and for his voluntary and philanthropic endeavours." Ed has also received Egale's Leadership Award in honor of his leadership in supporting LGBT (Lesbian Gay Bisexual Transgender) communities, and the inaugural Catalyst Canada Honour, awarded to individuals who have made a critical and visible difference to women's advancement. In 2010, Ed was named Canada's Outstanding CEO of the Year – widely viewed as the most prestigious award in Canadian business. In 2011, Ed was named Ivey Business Leader of the Year by the Richard Ivey School of Business at the University of Western Ontario. He was acknowledged by GTA Association of Fundraising Professionals (AFP) with the "2011 Outstanding Philanthropist" award. In 2012, Ed was named to Barron's prestigious annual list of the world's 30 best CEOs.
Ed and his wife Fran make their home in Toronto. They have four grown children and seven grandchildren.
Mark Chauvin, Group Head, Risk Management, and Chief Risk Officer
In May 2010, Mark Chauvin was appointed Group Head, Risk Management, and Chief Risk Officer (CRO), TD Bank Group. In this role, Mark oversees the global management of credit, enterprise, market and operational risk for TD. Prior to this appointment, he was Executive Vice President, Risk Management, and CRO for TD, a position he had held since December 2006.
Since joining TD as a commercial account management trainee more than 30 years ago, Mark has held a number of increasingly senior management positions in the commercial, wholesale, retail and corporate areas of the bank.
In 2011, Mark ended a three-year term on the board of directors for the Risk Management Association (RMA), a not-for-profit group dedicated to advancing the use of sound risk principles in the financial services industry.
A native of Windsor, Ontario, Mark received his Bachelor of Science and MBA degrees from the University of Windsor. He and his wife Victoria make their home in Burlington and have three children.
Colleen Johnston, Group Head, Finance, and Chief Financial Officer
Colleen Johnston is currently Group Head, Finance, and Chief Financial Officer of TD Bank Group. Colleen joined TD in March 2004 as Executive Vice President, Finance Operations, after spending 15 years with Scotiabank in various senior positions. She began her career in 1982 with Price Waterhouse.
Colleen graduated from York University in Toronto in 1982 with a bachelor of business administration. She received her chartered accountant designation in 1984 and in 2006 was elected a Fellow Chartered Accountant (FCA), the highest designation conferred by the Institute of Chartered Accountants of Ontario, recognizing her outstanding career achievements and dedication to community activities.
Colleen has received numerous top industry honours as a senior finance executive – she was recognized by Women’s Executive Network as one of Canada’s Most Powerful Women three years in a row and inducted into Canada's Most Powerful Women: Top 100 Hall of Fame in 2007. Colleen was named “Best Chief Financial Officer” in October 2009 by Canadian Business magazine, and in 2011, for the third year in a row, was named one of the 25 Most Powerful Women in Banking by American Banker. Most recently in 2012, Colleen was recognized as Canada’s CFO of the Year, an award that is presented annually by Financial Executives International Canada, PwC and Robert Half International.
Colleen is the past Chair of the Heart & Stroke Foundation of Ontario and continues to serve on both the national and Ontario boards. She previously served as Chair of Bridgepoint Health and the ShareLife Corporate Campaign. She is a member of the Dean’s Advisory Council at the Schulich School of Business at York University and is also a member of the Canadian Board Diversity Council. At TD, she is actively involved in promoting diversity in the workplace and chairs the bank’s Women in Leadership Committee.
Born in Vancouver, Colleen currently resides in Toronto with her husband and two daughters. She enjoys travelling, reading and cottage life.

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