Bharat Masrani is the new group president and CEO at Toronto-based Toronto-Dominion Bank (TD). Masrani is a member of TD’s board of directors and brings more than 27 years of banking experience to his new role. This includes executive roles in TD’s commercial, corporate banking and wealth-management businesses. He was most recently the firm’s chief operating officer, a position he had held since July 2013. Masrani replaces former CEO Ed Clark.

(tsanci@investmentexecutive.com)

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