As the new Chief Data Officer (CDO) of TD Bank, some of the main problems that you may face

are:

Data Silos: TD Bank has a large and complex organizational structure, and different business units
may have their own data silos, which can make it difficult to access and share data across the
organization. This can lead to inconsistent data, duplicate efforts, and increased risk.

Legacy Systems: TD Bank has been in operation for over 150 years, and as a result, it may have a
large number of legacy systems and databases that are not compatible with modern data
management tools and technologies. This can make it challenging to integrate and manage data
effectively.

Data Quality: TD Bank handles a vast amount of customer and financial data, and ensuring the
quality of this data is critical to the organization's success. As the CDO, you may face challenges in
identifying and addressing data quality issues, including missing data, inaccurate data, and outdated
data.

Data Privacy and Security: TD Bank is subject to strict regulatory requirements regarding data privacy
and security. As the CDO, you will need to ensure that the organization's data management practices
comply with these regulations, and that the data is protected from internal and external threats.

Cultural Change: To be effective in your role as the CDO, you may need to drive cultural change
across the organization to promote a data-driven mindset. This can involve educating employees on
the importance of data management, breaking down data silos, and encouraging collaboration
across business units.