TORONTO, Sept. 22, 2011 /CNW/ - TD Bank Group (TD) is pleased to announce the appointment of Karen Maidment to its Board of Directors. Ms. Maidment is a former Chief Financial and Administrative Officer of BMO Financial Group.  Prior to that, Ms. Maidment held several executive positions with Clarica Life Insurance Company, including Chief Financial Officer.  She currently serves on the boards of TransAlta Corporation, TD Ameritrade Holding Corporation, the Princess Margaret Hospital Foundation and the University of Waterloo.

Ms. Maidment was named among Canada's Most Powerful Women Top 100 Lists from 2002 to 2007 and Canada's Most Powerful Women Top 100 Hall of Fame in 2007, as well as Fellow of the Institute of Chartered Accountants of Ontario in 2000.  She was also named Canada's CFO of the Year for 2006 by Financial Executives International Canada.

"We're excited to add Karen to our Board of Directors," said Brian Levitt, Chairman of the Board, TD. "Her finance, operations and risk management experience in both the banking and insurance industries constitute a valuable addition to our board."

Ms. Maidment is a graduate of McMaster University and is a Chartered Accountant.  She currently resides in Cambridge, Ontario.

The appointment of Ms. Maidment brings the total number of directors to 17.

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD is the sixth largest bank in North America by branches and serves approximately 20 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust, TD Insurance, and TD Auto Finance Canada; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank and TD Auto Finance U.S.; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with more than 7 million online customers. TD had CDN$665 billion in assets on July 31, 2011. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.