TD Bank Financial Group today announced that Bernie Dorval, executive vice president, and Tim Hockey, executive vice president, have been appointed co-chairs of TD Canada Trust.

The pair will jointly be accountable for the bank’s personal and commercial operations

The bank says the change is a result of the decision by Andrea Rosen, vice chairwoman of TD Bank and president TD Canada Trust, to take a year off, effective January 2005.

“Under the joint leadership of Bernie and Tim, I’m confident that TD Canada Trust will continue on the momentum that Andrea built in ensuring a relentless focus on customers and a comfortable banking experience,” said Ed Clark, president and CEO, TD Bank, in a release.

“Andrea did an outstanding job in her role as president of TD Canada Trust. Under her leadership TDCT delivered eight consecutive quarters of double digit earnings growth, a financial track record that speaks for itself,” added Clark.

“I respect Andrea’s decision to spend time with her family and wish her all the best during her year off,” Clark said.

Dorval will continue to focus his energies on growing TD’s business banking and insurance group. His financial services experience spans 31 years, including roles in retail products, lending, insurance and more recently business banking.

Hockey’s responsibilities will include leadership for TD’s personal banking business including its distribution channels and personal financial products and services. Hiss has 22 years of banking experience, including his most recent position as the head of the retail branch network and electronic channels.