TD Bank Appoints New Co-Heads for U.S. Commercial Banking

Andy Bregenzer and Jill Gateman to lead operations following Chris Giamo's retirement amid regulatory scrutiny.

Andy Bregenzer will focus on regional commercial banking, including small businesses.
Jill Gateman will lead national commercial banking efforts, including middle market and specialty lending.
The appointments come as TD Bank faces U.S. regulatory probes into anti-money laundering failures.
CEO Bharat Masrani will retire next year, with Raymond Chun set to take over.
TD Bank reported a $2.6 billion loss in August to cover potential fines related to money laundering allegations.