TD Bank announced July 27 it appointed Hugh Allen as its regional president for the mid-south metro area, which includes Virginia, Maryland, the District of Columbia, Delaware, North Carolina and South Carolina.
Allen will provide strategic direction and sales leadership to TD Bank’s Mid-South consumer, small business, commercial and specialty banking operations and lending services. He will be based in Charlotte and will lead approximately 4,400 employees and a network of nearly 130 stores.
“Hugh has many wonderful connections to the area through his professional and charitable work that will benefit our customers and colleagues throughout the region. I congratulate Hugh on his well-deserved promotion,” said Head of Commercial Banking Chris Giamo. “Hugh’s extensive industry knowledge, network and skills, combined with TD’s evolving focus on this growing region, will help ensure our continued success in the Mid-South.”
Allen is no stranger to the TD mid-south business. He most recently served as TD Bank commercial real estate division head – South and managed teams that provide loans and banking services to public and private developers and commercial real estate owners.
He joined TD in 2014 and has more than 30 years of experience in banking, also holding positions at PNC Bank and Wells Fargo.
“The Mid-South is an incredibly important metro for TD, and I’m confident Hugh is the right leader to continue to elevate our presence across the region,” said Ernie Diaz, head of consumer distribution, wealth and TD auto finance. “Hugh has been an integral part of the TD Bank family for years and brings to this position deep banking expertise and an unrivaled passion for giving back to his community – qualities I know will serve him well in his new role.”
Outside of work, Allen serves on several boards of directors, including for The Hydrocephalus Association, The Research Triangle Foundation, The Steve Smith Family Foundation and The Arts Empowerment Project. Allen co-founded BP Basketball Inc., a Charlotte-based nonprofit dedicated to mentoring youth through basketball. Additionally, he’s an active member of Kappa Alpha Psi Fraternity, Duke University Fuqua School of Business Keller Society and The Iron Dukes.