TD Bank Group, the sixth-largest bank in North America with over $2 trillion in assets, is led by Raymond Chun, who became Group President and CEO on February 1, 2025. Born in South Korea and raised in Canada, Chun is a TD lifer who joined through the management training program in 1992 and spent his entire 32+ year career at the bank. His appointment was accelerated by two months amid TD’s massive anti-money laundering crisis — the bank paid $3.09 billion in penalties in 2024 and faces a U.S. asset cap. In his first full fiscal year (FY2025), Chun delivered strong results, selling TD’s $15 billion stake in Charles Schwab and posting adjusted net income of CAD $15 billion. He is the first Korean-Canadian to lead a Big Five Canadian bank.
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Raymond Chun – Quick Facts
TD Bank Competitors
TD Bank Group operates in the highly competitive global banking industry. The key competitors of TD Bank include:
- Royal Bank of Canada (RBC) – Canada’s largest bank by market cap
- Bank of Montreal (BMO) – major Canadian bank with US operations
- Scotiabank (Bank of Nova Scotia) – Canada’s most international bank
- CIBC (Canadian Imperial Bank of Commerce)
- National Bank of Canada
- JPMorgan Chase – competes in US retail banking
- Bank of America – US retail competitor
- PNC Financial Services – US East Coast competitor
Raymond Chun Net Worth 2026 – TD Bank CEO Salary
Raymond Chun’s net worth is not publicly disclosed. It includes over 30 years of TD Bank compensation, stock holdings, and deferred share units accumulated throughout his career. His FY2024 total compensation was approximately CAD $11.4 million (~$7.9 million USD), set during his transition from COO to CEO. His 2025 target total direct compensation was raised to CAD $12 million (~$8.3M USD) upon assuming the CEO role.
TD Bank CEO Compensation Context (FY2024)
Canadian Big Five Bank CEO Compensation Comparison (FY2024)
TD Bank Net Worth 2026 – Is TD Bank Profitable?
Yes, TD Bank Group remains highly profitable. In fiscal year 2025 (ended October 31, 2025), the bank reported adjusted net income of CAD $15.0 billion and sold its entire $21 billion (US$14.6B) stake in Charles Schwab, booking an $8.6 billion gain. TD’s CET1 capital ratio strengthened to 14.7%, well above regulatory requirements.
TD Bank Group Financial Summary (FY2025)
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TD Bank CEO Email Address | Raymond Chun Contact
Below are the official contact details and social media profiles for TD Bank CEO Raymond Chun:
Career & Education – Company, University, & College
Raymond Chun’s career is remarkable for its singular focus: 32+ years at a single institution, rising from a management trainee to CEO of the sixth-largest bank in North America. Below is his complete career timeline:
Raymond Chun Career Timeline
Raymond Chun joined TD Bank in 1992 through its management training program and built his entire career at the institution — an increasingly rare path in modern banking. He held senior leadership roles across nearly every major business division, including Canadian Personal Banking, where he led TD’s largest retail operation. Notably, Chun’s career was largely focused on TD’s Canadian operations, keeping him untainted by the U.S. anti-money laundering failures that cost the bank $3.09 billion.
In September 2024, TD’s board named Chun as successor to longtime CEO Bharat Masrani, initially planning an April 2025 transition. However, in January 2025, the board accelerated the handoff by two months, and Chun officially became CEO on February 1, 2025.
Education
Raymond Chun Wiki – Age, Family, & More
Raymond Chun (age approximately 56) was born c. 1969–1970 in South Korea and was raised in Canada. He earned a Bachelor of Arts from Western University and an MBA from Queen’s University’s Smith School of Business. He is married and has two children. Outside of work, he is an avid golfer and skier. He is active on Twitter/X and LinkedIn.
Chun is the first Korean-Canadian to lead a Big Five Canadian bank, a milestone in Canadian corporate history. His appointment marked a departure from TD’s recent tradition of externally-focused executives, as Chun is a pure TD lifer who built his career entirely within the institution.
About TD Bank
TD Bank Group (The Toronto-Dominion Bank) is a Canadian multinational banking and financial services corporation headquartered at TD Tower, 66 Wellington Street West, Toronto. With approximately CAD $2.09 trillion (~$1.5T USD) in total assets and over 100,000 employees, TD is the sixth-largest bank in North America. TD operates one of the largest branch networks in the eastern United States with approximately 1,100 locations.
TD Bank trades on the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE) under the ticker symbol TD. In 2024, TD faced a defining crisis when it paid US$3.09 billion in penalties for anti-money laundering failures in its U.S. operations — the largest such fine in U.S. banking history — and was placed under a U.S. asset cap that constrains growth.
Frequently Asked Questions (FAQ)
Who is the current CEO of TD Bank?
The current Group President & CEO of TD Bank Group is Raymond Chun. He took office on February 1, 2025, succeeding Bharat Masrani. Chun is a 32+ year TD lifer and the first Korean-Canadian to lead a Big Five Canadian bank.
What is Raymond Chun’s net worth in 2026?
Raymond Chun’s net worth is not publicly disclosed. It includes over 30 years of TD Bank compensation, stock holdings, and deferred share units. His FY2024 total compensation was approximately CAD $11.4 million (~$7.9M USD).
What is the TD Bank CEO’s salary?
Raymond Chun’s FY2024 total compensation was CAD $11.4 million (~$7.9M USD), set during his transition from COO to CEO. His 2025 target total direct compensation was raised to CAD $12 million.
What is the TD Bank CEO’s email address?
Raymond Chun’s corporate email is [email protected]. TD Bank Group’s headquarters is at TD Tower, 66 Wellington Street West, Toronto, Ontario M5K 1A2.
How old is Raymond Chun?
Raymond Chun is approximately 56 years old (born c. 1969–1970 in South Korea). He was raised in Canada and holds a BA from Western University and an MBA from Queen’s University.
Is TD Bank profitable?
Yes. In fiscal year 2025, TD Bank reported adjusted net income of CAD $15.0 billion and reported net income of CAD $20.5 billion (boosted by the Schwab sale gain). TD has total assets of $2.09 trillion and a CET1 capital ratio of 14.7%.
Article last updated: March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including corporate filings, official company press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice.