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President and CEO, TD Securities
Group Head, Wholesale Banking, TD Bank Group
Riaz Ahmed was named President & CEO, TD Securities and Group Head, Wholesale Banking, TD Bank Group in September 2021.
His previous role was Group Head and Chief Financial Officer, TD Bank Group from 2016 to 2021. As CFO he was responsible for Enterprise Strategy, Finance, Chief Accountant’s department, Strategic Sourcing, Enterprise Real Estate, Treasury and Balance Sheet Management, Corporate Development, and TD’s Corporate Transformation Program and Strategy. Before assuming the CFO role, from 2013 to 2015, Riaz led Insurance and North American Credit Cards, two key growth businesses.
Riaz joined TD in 1996 as an investment banker within TD Securities’ infrastructure and independent power team. In 1999, he was appointed the firm’s Chief Financial Officer and subsequently Vice Chair and Chief Administrative Officer. In November 2004, Riaz was appointed Senior Vice President, Corporate Development, TD Bank Group. Joining its Senior Executive Team in August 2009, Riaz guided TD’s acquisition and treasury strategies. Prior to joining TD, Riaz held various roles with Citibank Canada and Financial Trustco and articled with Coopers & Lybrand (now PWC).
A passionate promoter of inclusivity and diversity in the workplace, Riaz chaired TD’s Inclusion and Diversity Leadership Council between 2015 and 2018 and is currently a member of the Women in Capital Markets Advisory Council. He also co-chaired TD’s United Way fundraising campaigns in 2013 and 2014. He currently serves on the Board of Directors of Aga Khan Museum and is Chairman of Aga Khan Foundation Canada, National Committee.
Riaz holds a Bachelor of Commerce (with Distinction) from the University of Calgary. He obtained his Chartered Accountant designation in 1985 and was elected as a Fellow Chartered Accountant (FCA) by the Institute of Chartered Accountants of Ontario in 2013.
He grew up in Tanzania and later moved to Canada. He lives in Toronto with his wife and they have two grown children.