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TD COO Turan departs after under a year amid AML issues

Toronto Dominion Bank logoToronto Dominion Bank
Sig3.20Sen-2.10Env0.00Soc-0.30Gov-5.70

Toronto-Dominion Bank’s chief operating officer Taylan Turan is leaving after less than a year, having overseen TD’s transformation strategy aimed at addressing failures in its anti-money-laundering procedures and responding to penalties and requirements from U.S. regulators and law enforcement. Vlad Shpilsky will lead the unit, while Renu Gupta takes on a senior strategy and commercial role.

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