By Auto Fin Journal Staff. CHERRY HILL, N.J. FARMINGTON HILLS, Mich –
Andrew Stuart is back in auto financing.
TD Bank announced this week that Stuart has returned to his former position as president and chief executive officer of TD Auto Finance, once again taking responsibility for the overall leadership and strategic direction of the indirect retail and commercial auto finance business in the U.S. The Auto Finance Executive of the Year in 2018, Stuart joined TD in 2014 and spent six years serving as president and CEO of TD Auto Finance before accepting a role in corporate operations with TD Bank Group, also serving as the U.S. head of corporate transformation and operations for TD Bank.
Prior to joining TD, Stuart spent most of his 30-year career in automotive leadership roles, including president and CEO of VW Credit and president of Bentley Motors, U.S.
“Andrew’s deep knowledge of the auto finance business, coupled with his proven ability to drive innovation and foster continuous improvement, will be invaluable as we continue to deepen the connectivity between TD Auto Finance and the Consumer Bank. We are thrilled to welcome him back to the auto finance team,” said Ernie Diaz, head of U.S. consumer distribution, wealth and TD Auto Finance.
During his previous tenure with TD Auto Finance, the institution highlighted that Stuart led the development and execution of the indirect auto financing strategy. He grew the portfolio from $16 billion to $24 billion while reimagining the way the business operated and navigating numerous transformation and strategic initiatives.
Stuart has been an active member of the American Financial Services Association (AFSA), serving as past chair of the vehicle finance board and the AFSA board. He currently serves as the U.S. diversity leadership chair for TD Bank.
The announcement also mentioned Stuart will report to Diaz and will rejoin the TD Bank management committee.