TD Bank US promotes Jill Gateman to head of commercial banking

TD Bank US has appointed Jill Gateman to the newly established position of head of commercial banking, a move that consolidates several key business segments under unified leadership. In this role, Gateman will oversee the bank’s corporate, commercial, small business, and regional banking operations across its American footprint. This strategic realignment aims to streamline the delivery of commercial products and capabilities as the bank seeks to enhance its integrated platform for its 10 million clients.

TD Bank US, the American subsidiary of TD Bank Group, announced the promotion of Jill Gateman to the newly created role of head of commercial banking, effective immediately. Gateman, who joined the bank in June 2023 as the head of US middle market banking and sponsor financing, will now be responsible for the end-to-end delivery of products and client coverage. This consolidation brings together the bank's corporate, commercial, small business, and regional banking segments under a single leadership structure to better serve its diverse client base.

The scope of Gateman’s new mandate is extensive, covering specialized areas such as sponsor and specialty finance, treasury management, government banking, and asset-based lending. Additionally, she will oversee institutional commercial real estate, healthcare lending, and equipment finance. Gateman brings significant industry experience to the position, having spent nearly 15 years at PNC prior to joining TD. During her tenure at PNC, she rose through the ranks from senior credit manager to become the co-head of corporate banking in 2018.

TD Bank US has established a significant presence since its 2008 formation through the merger of TD Banknorth and Commerce Bancorp, currently operating approximately 1,050 locations across the Northeast, Mid-Atlantic, Carolinas, and Florida. The leadership change follows recent efforts by the bank to modernize its commercial offerings through technology partnerships. Earlier this year, the institution collaborated with fintech FISPAN to integrate bank feeds into the Workday HR software platform, allowing business clients to manage accounts directly within their existing workflows without needing to log into a separate banking portal.