TD Bank Appoints Georgia Stavridis To Lead Financial Crimes Risk Management

TD Bank has hired Georgia Stavridis as Vice President in Financial Crimes Risk Management (FCRM), according to sources.

Stavridis previously served as Chief Compliance Officer (CCO) at HSBC Bank Canada and moved to Royal Bank of Canada earlier this year after its acquisition of HSBC’s Canadian unit. Her responsibilities include overseeing strategy and performance for TD’s financial intelligence unit in Canada. This hiring follows TD’s recent USD 3 billion penalty for violating anti-money laundering laws.

The bank has also added senior compliance professionals, including Herb Mazariegos from BMO and former FBI and Homeland Security officials, to strengthen its risk management framework. Several executives have exited RBC since a post-acquisition retention period ended.