05:21 PM EST, 01/23/2025 (MT Newswires) -- TD Bank Group (TD.TO, TD) after trade Thursday announced that Jacqueline (Jackie) Sanjuas has been appointed Global Head of Financial Crime Risk Management, with immediate effect.

According to a statement, she will also continue serving as U.S. Bank Secrecy Act (BSA) Officer.

In her new role, Ms. Sanjuas will report jointly to the Group Head and Chief Risk Officer, TD Bank Group, and the U.S. Chief Risk Officer. She succeeds Herb Mazariegos, Senior Vice President, Financial Crime Risk Management, TD Bank Group, who will be leaving the Bank.

Ms. Sanjuas joined TD in January 2024. She has more than 20 years of experience in compliance and risk management and previously served as Head of U.S. Financial Crimes, BSA and Chief Compliance Officer at a large U.S. bank. In the past year, Ms. Sanjuas has driven critical change and enhancements to the Bank's U.S. anti-money laundering (AML) program.

In addition, TD said Stephen Joyce, Vice President, Financial Crime Risk Management, Transformation Delivery and Enablement, will take on the role of Interim Head of Financial Crime Risk Management for TD's Canadian and International operations (non-U.S.). He will report to Ms. Sanjuas.

These changes are effective today.

The appointment comes just days after Andrew Willis at The Globe and Mail said incoming TD boss Ray Chun, who will take the reins in April, has got an "opportunity to boost performance and -- more importantly -- put his stamp on leadership" by selling the bank's 10% stake in Charles Schwab. Willis said the more than US$13 billion in proceeds should be used to buy back TD shares.

"TD is adrift, strategically, in the wake of its US$3.09-billion settlement with U.S. regulators last October," Willis wrote.

TD rose $0.37 or 0.45% to $82.23 today.