TD Bank CEO announces plans to grow in Bay State

TD Bank Group plans to add five Greater Boston branches annually for years to come — and would expand even faster here if it could find space to do so, the firm’s CEO says.

“I was telling (Boston Mayor Thomas M. Menino): ‘If you could find me 10 more sites in Boston, we’ll do 10 more (branches) in Boston next year,’ ” TD Bank chief Ed Clark said today in a speech to the Boston College Chief Executives’ Club of Boston.

Clark said in his remarks and in subsequent comments to reporters that the firm wants to add some 50 branches to its current roster of roughly 160 Bay State banks.

He said the Canadian-based banking giant especially hopes to expand within the city of Boston itself.

“The irony is that we’re very strong all around Boston, but not in Boston proper,” Clark said.

The CEO added that his firm hopes to keep naming rights to Boston’s TD Garden “forever — if they don’t kick us out.”

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