Former TD Wealth executive Craig Meeds departs

Craig Meeds, a former leader with TD Wealth Private Wealth Management, has left the bank.

TD confirmed the departure but didn’t provide further detail ahead of press time. Meeds had been vice-president and head of investment management practices and wealth insurance services since 2018, and had worked with the bank in management roles for the past 18 years.

Other key executives remain in their positions, including Ryan McNally, senior vice-president and head of wealth advice distribution with TD Wealth.

Alongside McNally, Meeds was actively involved in guiding the bank’s wealth advisors. In Investment Executive‘s 2023 Brokerage Report Card — through which TD Wealth Private Investment Advice advisors rated their bank brokerage’s support services — Meeds spoke about how TD Wealth was working on improvements to its customized Salesforce offering which advisors were still in the process of adopting.

The most recent top-level shift within TD Bank Group occurred in December, when Michael Rhodes’ exit led to an executive shuffle and a new head of the bank’s wealth business.

Other industry moves

• Grant Vingoe will remain CEO for the board of directors of the Ontario Securities Commission (OSC) for another five years. Vingoe was both chair and CEO of the OSC before the roles were separated in April 2022, and has served as CEO since the split. The extension will see him remain in the role until Dec. 31, 2029. The move to extend his term comes as the OSC works on a new strategic plan for the organization that will map out its direction for the next six years. The regulator is expected to publish the plan this spring. OSC board chair Kevan Cowan says the regulator is well-positioned with Vingoe at the helm to navigate the opportunities and challenges that lie ahead, and deliver results for Ontario under the new strategic plan.
• Anne Valentine Andrews will join Manulife Investment Management on March 4 as global head of private markets. She has more than 25 years of asset management and alternatives experience, will lead all investment teams and direct overall strategy, business development and growth of the private markets business, a release said. Valentine Andrews most recently worked with BlackRock.
• Erminia Johannson will lead the the Canadian Bankers Association (CBA)’s board of directors for a two-year term ending in 2026. She’s been group head of North American personal and business banking with BMO Financial Group since 2020. In a release from CBA, she said she’ll promote a competitive and resilient banking system through her role.
• Three new independent directors have been appointed to the board of Laurentian Bank of Canada, effective Feb. 7: Johanne Brunet, Jamey Hubbs and Paul Stinis. Brunet is a professor of marketing at HEC Montréal and member of the Order of Chartered Professional Accountants of Quebec. Hubbs is retired and has banking, capital markets and regulation experience, a release said, while Stinis is vice-chair of the board for Hydro-Québec and also has banking industry experience.
• Don Stuart became president of Vancouver-based Dixon Mitchell Investment Counsel Inc. in January, succeeding Janine Guenther who held the role for three years. Stuart has been with the firm for nearly 23 years.

If you know of other people moves in the financial industry and/or would like us to consider your announcement, email Katie Keir at katie@newcom.ca.

With files from Canadian Press

Katie Keir

News

Katie is special projects editor for Advisor.ca and has worked with the team since 2010. In 2012, she was named Best New Journalist by the Canadian Business Media Awards. Reach her at katie@newcom.ca.