Goggins is former worldwide chairman of the consumer group at Johnson & Johnson, where she held several senior roles as well as having been a member of its executive committee from 2001 to 2011, the firm said in a statement. 

Earlier this month, TD Bank reported net income of C$294 million ($295.5 million) in its wealth and insurance segment for the three months to 31 January - up from C$258 million for the same period a year earlier and C$289 million in the previous quarter.

TD had CDN$774 billion in assets as of 31 January and is listed on the Toronto and New York Stock Exchanges.