Bharat Masrani is currently Chief Operating Officer, TD Bank Group. On April 3, 2013, TD’s Board of Directors announced that in keeping with TD’s succession plan, Bharat will be appointed Group President and Chief Executive Officer of TD Bank Group effective November 1, 2014.
Bharat has more than 26 years of banking experience and is a member of the TD Bank Board of Directors. In 2008, he was named CEO of TD Bank, America’s Most Convenient Bank®. Prior to his role at TD Bank, he served as Vice Chair and Chief Risk Officer of TD Bank Group, a position he held from May 2003. During his tenure with TD Bank Group, Bharat also served as Senior Vice President and Chief Executive Officer of TD Waterhouse Investor Services in Europe; Senior Vice President, Corporate Finance and Co-Head in Europe; Vice President and Country Head for India; and Vice President and Head, Corporate Banking Canada. He began his banking career with TD Bank Group in 1987 as a Commercial Lending Trainee.
Bharat received a Bachelor of Administrative Studies degree with Honours from York University in 1978 and obtained his Master of Business Administration from the Schulich School of Business, York University in 1979. He serves as a board member on the Financial Services Roundtable and is a member of the Federal Advisory Council. He and his wife, Shabnam, currently make their home in Toronto and have two grown children.