The Emergence Of TD As A Data-Driven Force In Banking

  • “TD Bank, which brands itself as “America’s Most Convenient Bank”, is now the 8th largest U.S. bank by deposits and the 10th largest bank in the United States by total assets.
  • Rhodes refers to TD as a “165-year old growth company”, noting that the bank has a long tradition of being deeply ingrained in the communities it serves.
  • Rhodes leads the firm’s innovation and technology functions, which include enterprise digital and data capabilities. His direct reports include a Chief Digital Officer and Chief AI Officer, as well as responsibility for the Chief Data Office.
  • To accelerate their digital transformation, TD acquired in January 2018 a leading-edge AI firm, Layer 6 in a move which was characterized by The Wall Street Journal as “aimed at bolstering the Canadian bank’s artificial intelligence expertise”

Michael Rhodes

Group Head, Innovation, Technology, and Shared Services

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