In 2005, TD Bank Group made diversity a core business priority that kicked off a dynamic initiative impacting TD’s operations in both Canada and the United States. Hear from one of TD’s senior business line executives about that journey, including its organization, strategy and executive accountabilities and how the global D&I strategy is integrated. We will explore the challenges of implementing D&I strategies during a period of rapid growth and tough banking industry conditions. You will learn about:
• Building the business case at the executive, middle management, and individual level for driving diversity as a strategic initiative
• Managing diversity across borders and the value of diversity when doing corporate acquisitions in and outside the U.S. and through times of change
• Successful strategies and lessons learned in developing
TD Bank’s areas of focus:
•Expanding Opportunities for Women In Leadership
•Expanding Leadership Opportunities for Members of Minority Groups
•Building an Agenda for People with Disabilities
•Lesbian, Gay, Bi-sexual, Transgender & Allies
•Serving Diverse and Global Communities
• Strategies and considerations for the future as TD Bank continues its D&I journey
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David Boone
executive vice president
Mass Affluent Segment & TD Bank, USA
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Mr. Boone is responsible for delivering investment services and other products to TD’s U.S. Mass Affluent customers. He also has executive leadership of TD Bank USA, the nationally chartered bank that provides banking products and services to Customers of TD AMERITRADE
Mr. Boone joined TD Bank Financial Group as EVP, Marketing Director, TD Banknorth in 2007 and subsequently became Executive Vice President Corporate Strategy for TD Bank, America’s Most Convenient Bank. In this capacity, he built a team to lead strategic development work in retail banking, mortgages, small business and commercial banking during TD’s integration of Commerce Bancorp. He also chairs TD’s U.S. Diversity Leadership Team, a team of senior executives championing diversity across TD by driving enterprise-wide diversity initiatives and working with businesses and support groups to embed diversity into their business plans.
Mr. Boone’s career spans both the retail and financial services industries. He began his career with Loblaw Companies Ltd., Canada’s largest retailer. While at Loblaw, he drove Loblaw’s expansion into financial services, leading its successful banking joint venture, President’s Choice (PC) Financial. Mr. Boone also chartered PC Bank, one of the first retailer owned banks in Canada, specifically designed to enter the credit card and loyalty program markets. Under his leadership, PC Financial and PC Bank grew to offer banking, mortgage, credit card and insurance products, becoming an important profit contributor to Loblaw Companies.
During his 15 years at Loblaw, he also directed its National Wholesale Division that includes its Warehouse Club and Foodservice operations. He revitalized this multi-billion dollar division in this intensively competitive market -- competing with Costco, Sam’s Club & Sysco -- by consolidating stores, driving comparable sales growth through promotional strategies and implementing margin-enhancing strategies. Previously, he held progressive roles in Finance and Corporate Development.
David Boone serves on the Board of Advisors for Catalyst Inc. (NY), which is dedicated to expanding opportunities for women and Business. He also serves on the Board of The Boys & Girls Club of Philadelphia and has served as a Director on the Mastercard Canada Region Board.
Mr. Boone holds a Bachelor of Commerce from McMaster University (Hamilton, Ont.), and an Executive MBA from the joint program between Northwestern’s Kellogg Graduate School of Management (Chicago, IL), and the Schulich School of Business at York University (Toronto, Ont.).