TD says Barbara Hooper to lead Canadian business banking after current head retires

TD Bank Group says its head of Canadian business banking Paul Douglas is stepping back from daily operations into the newly created position of chair of the division.

TD Bank Group says its head of Canadian business banking Paul Douglas is stepping back from daily operations into the newly created position of chair of the division.

It says Barbara Hooper, currently senior vice-president of treasury and enterprise strategy, will take over as group head of Canadian business banking after Douglas retires from the role on April 30.

TD chief executive Bharat Masrani said in an internal memo announcing the news that Douglas has led Canadian business banking since 2004 as part of a nearly 47-year career at TD.