Our commitment to diversity starts at the most senior levels at TD Bank. President and CEO Bharat Masrani and the Senior Executive Team have made diversity a strategic business priority and are playing a very direct role in driving the agenda forward.
In the U.S., to align with TD’s global efforts, we established a Diversity Leadership Team in 2008. Reporting directly to the President and CEO, the Diversity Leadership Team is made up of senior business leaders across TD. The Team is chaired by David Boone, Executive Vice President, TD Bank USA Corporate Strategy. The Diversity Leadership Team champions diversity across TD by driving enterprise-wide diversity initiatives and working with businesses and support groups to embed diversity into their business plans. Currently, the Diversity Leadership Team is focused on key priorities and has created subcommittees to work on each of these priorities (see below).
A Diversity Office works closely with the Diversity Leadership Team to support and coordinate embedding diversity strategies, practices, policies and programs across and within the business lines.
Our Diversity Leadership Framework Priorities and Subcommittees
Priorities for the current year
Among our key priorities for the year ahead:
To broaden local diversity efforts, and deepen the culture of diversity across the company, we have regional and line of business Diversity Councils to serve as a channel through which the Diversity Leadership Team (DLT) and Diversity Office can share information and engage employees across all markets and lines of business in our footprint, in a more sustainable manner. The Diversity Councils serve as local working groups to implement DLT tactics and drive results for their local markets, provide recommendations to leaders based on input from employees, and act as ambassadors of DLT strategy and objectives.
Business Resource Groups/ Affinity Groups
TD Bank continues to grow and reevaluate our Business Resource Groups (BRGs) so that they are reflective of the social categories that define us and the communities that we operate/live in TD Bank, America's Most Convenient Bank, currently has six Business Resource Groups, which are:
The BRGs are aligned to our corporate goals and members are encouraged to identify a BRG lead and executive sponsor who can not only champion its goals, mandates and objectives, but who also has the ability to represent the BRG before senior leadership and advocate on the group's behalf. As these business resource groups evolve, TD can leverage them for employee engagement/retention, recruitment, business development, community outreach, career development/talent and market insights.