Allen Lambert
 Allen Lambert    (financier) | |
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| Born | 28 December 1911 |
| Died | October 25, 2002 (Age 90) |
| Nationality | Canadian |
| Member of | The 1001 Club |
Canadian with 50 year long banking career. Bilderberg/1968
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Allen Thomas Lambert was a Canadian financier and Chairman of the Toronto-Dominion Bank who attended the 1968 Bilderberg meeting.
Junior to General Manager
Fresh from high school at the age of fifteen, Allen Lambert joined a Victoria, British Columbia branch of the Bank of Toronto in 1927 as a junior clerk. He was recognized as a promising banker early in his career. Promoted to Accountant in a Vancouver branch, he moved on to Brockville and then to the foreign exchange department at the Montreal main branch.[1][2]
After service as a naval officer in the North Atlantic during World War II, Lambert became manager of the Yellowknife branch during the gold boom of the late 1940s, and then began a rapid rise through the ranks. He became Assistant General Manager in 1953 and was involved in the negotiations for the merger of the Bank of Toronto and the Dominion Bank in 1955. As General Manager of the new Toronto-Dominion Bank he managed the uniting of two corporate cultures and building a style and image for a renewed and ambitious organization.[1]
Chief Executive Officer
Lambert became president of The Toronto-Dominion Bank (TD) in 1960 and chairman the following year. The bank was not in the first rank of financial institutions at that time, and he later recalled "we had all gone through a period of frustration at being smaller than the others, and not being quite able to compete fully." Over the eighteen years of Lambert's leadership, TD became Canada's fastest growing bank and a major presence on the international financial scene. Lambert looked for business opportunities world-wide, opening local offices, and building solid relationships with major clients. [1]
He started TD's corporate art program and, as a centennial project in 1967, developed one of Canada's foremost collections of Inuit art. He was also involved in public and community service, chairing royal commissions and federal advisory bodies, serving as a member of international organizations, and acting as a frequent speaker and essayist on economic issues.[1]
Event Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1968 | 26 April 1968 | 28 April 1968 | Canada Mont Tremblant | The 17th Bilderberg and the 2nd in Canada |
