TD Bank Names Hugh Allen as Regional President of Mid-South Metro

Rhea-AI Summary

TD Bank has appointed Hugh W. Allen as Regional President for its Mid-South Metro, which encompasses states like Virginia, Maryland, and North Carolina. In this role, Allen will lead roughly 4,400 employees and manage nearly 130 stores. With over 30 years of banking experience, he aims to enhance TD Bank's presence in the region. Allen previously managed the bank's Commercial Real Estate Division. His promotion is expected to leverage his extensive connections and expertise to drive success in the growing Mid-South market.

Positive

• Hugh W. Allen's appointment reflects TD Bank's commitment to expanding its operations in the Mid-South metropolitan area.
• Allen's extensive experience and network may enhance customer relationships and drive growth in the region.

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• None.

CHARLOTTE, N.C., July 27, 2021 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, announced today it has appointed Hugh W. Allen Regional President for its Mid-South Metro, which includes Virginia, Maryland, the District of Columbia, Delaware, North Carolina and South Carolina.

In this role, he will provide strategic direction and sales leadership to TD Bank's Mid-South consumer, small business, commercial and specialty banking operations and lending services. Allen, who will be based in Charlotte, will lead a team of approximately 4,400 regionally based employees and a network of nearly 130 stores.

"Hugh has many wonderful connections to the area through his professional and charitable work that will benefit our customers and colleagues throughout the region. I congratulate Hugh on his well-deserved promotion," said Chris Giamo, Head of Commercial Banking. "Hugh's extensive industry knowledge, network and skills, combined with TD's evolving focus on this growing region, will help ensure our continued success in the Mid-South."

Most recently, Allen served as TD Bank Commercial Real Estate Division Head – South and managed teams that provide loans and banking services to public and private developers and commercial real estate owners. He has more than 30 years' experience in banking and joined TD Bank in 2014 as a Commercial Real Estate Regional Director. Allen's previous experience includes positions at PNC Bank and Wells Fargo.

"The Mid-South is an incredibly important metro for TD, and I'm confident Hugh is the right leader to continue to elevate our presence across the region," said Ernie Diaz, Head of Consumer Distribution, Wealth and TD Auto Finance. "Hugh has been an integral part of the TD Bank family for years and brings to this position deep banking expertise and an unrivaled passion for giving back to his community – qualities I know will serve him well in his new role."

Outside of work, Allen serves on the board of directors for The Hydrocephalus Association, The Research Triangle Foundation, The Steve Smith Family Foundation and The Arts Empowerment Project. He is also Co-Founder of BP Basketball, Inc., a Charlotte-based nonprofit dedicated to mentoring youth through basketball. Allen is an active member of Kappa Alpha Psi Fraternity, Duke University Fuqua School of Business Keller Society and The Iron Dukes.

Allen holds a bachelor's degree from the University of Texas and a Master of Business Administration from the Duke University Fuqua School of Business.

About TD Bank, America's Most Convenient Bank^®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9.6 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth^®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_US.

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us.

 

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SOURCE TD Bank

FAQ

What is the significance of Hugh W. Allen's appointment as Regional President of TD Bank?

Hugh W. Allen's appointment as Regional President is significant as it indicates TD Bank's strategy to strengthen its presence in the growing Mid-South Metro region, enhancing leadership and operational capabilities.

Which states are included in TD Bank's Mid-South Metro region?

TD Bank's Mid-South Metro region includes Virginia, Maryland, the District of Columbia, Delaware, North Carolina, and South Carolina.

How many employees will Hugh W. Allen oversee as Regional President?

As Regional President, Hugh W. Allen will oversee approximately 4,400 regionally based employees.

What are the expected responsibilities of the new Regional President at TD Bank?

Hugh W. Allen is expected to provide strategic direction and sales leadership to TD Bank's consumer, small business, commercial, and specialty banking operations in the Mid-South.

How might the appointment of Hugh W. Allen impact TD Bank's operations?

The appointment of Hugh W. Allen may positively impact TD Bank's operations by leveraging his industry knowledge and community connections to drive growth and enhance customer service in the Mid-South.