BMO - Leadership updates

Partnerships focus on technology commercialization, research collaboration, workforce development and knowledge‑sharing across North AmericaAligns with recently announced BMO Institute for Applied Artificial Intelligence & Quantum, and the bank's focus on responsible technology adoption TORONTO, CHICAGO and SAN FRANCISCO, April 13, 2026 /CNW/ - BMO today announced new partnerships with Quantum Industry Canada (QIC) and the Chicago Quantum Exchange (CQE), strengthening the bank's engagement with leading quantum research, industry and policy organizations. The partnerships build on BMO's April 9 announcement of the BMO Institute for Applied Artificial Intelligence & Quantum, a new Centre of Ex

The BMO Institute for Applied Artificial Intelligence & Quantum builds on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency.Dr. Kristin Milchanowski appointed to expanded role of Chief AI & Quantum Officer and Founding Director of the Institute.TORONTO, CHICAGO and SAN FRANCISCO, April 9, 2026 /CNW/ - BMO today announced the establishment of the BMO Institute for Applied Artificial Intelligence & Quantum, a new enterprise‑wide Centre of Excellence focused on the responsible innovation, application and governance of Artificial Intelligence (AI) and the development of Quantum capabilities. BMO's Institute brin

BMO Wealth Management today announced that Ali Nafii has joined the firm as Managing Director, overseeing the San Diego market. In his new role, Ali will focus on expanding BMO's wealth management presence across the West Region, with a particular emphasis on serving high-net-worth clients in the San Diego community. "We recently reaffirmed our commitment to expanding BMO's California footprint through a highly focused growth strategy—densifying in markets where we already have strong Commercial Banking relationships and bringing Wealth Management alongside to better serve clients and the broader community. San Diego's business owner community is dynamic and deeply interconnected, and o

TORONTO, Dec. 4, 2025 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced the appointment of Tammy Brown to its Board of Directors. "We are pleased to welcome Tammy to the Board of Directors," said George Cope, Chair of the Board. "Tammy's deep expertise in audit, accounting, finance and governance, combined with her commitment to community adds to the strength of our board." Ms. Brown previously served as Deputy Chair of KPMG Canada's Board of Directors and was a Partner and National Industry Leader for Industrial Markets at KPMG in Canada. She was also the P

TORONTO, Sept. 22, 2025 /CNW/ - BMO today announced the appointment of five new distinguished leaders to its Indigenous Advisory Council (IAC), reinforcing the bank's commitment to reconciliation, inclusion, and economic empowerment for Indigenous communities across Canada. The new members bring a wealth of experience, insight, and leadership to the IAC, which plays a vital role in shaping BMO's strategies and services to reflect and serve Indigenous customers, colleagues, and communities. Denise Baxter, Vice Provost Indigenous Initiatives at Lakehead University, has spent over three decades advancing Indigenous education. A member of Marten Falls First Nation, Denise has worked across publ

TORONTO, Sept. 17, 2025 /PRNewswire/ - BMO Financial Group today announced the upcoming retirement of its Chief Financial Officer (CFO) Tayfun Tuzun and the appointment of Rahul Nalgirkar to the role. Mr. Tuzun joined BMO in 2020 and has led the bank's enterprise and group-level finance teams, alongside treasury, corporate development, strategy, accounting, taxation, investor relations and financial performance management functions. "Tayfun joined BMO during one of the most dynamic periods in our history, working with our leadership team to serve our clients, digitize and streamline operations, and acquire and integrate Bank of the West," said Darryl White, Chief Executive Officer, BMO Fina

BMO appoints new Head of Indigenous Banking UnitTORONTO, June 19, 2025 /CNW/ - BMO today released ᐑᒋᐦᐃᑐᐏᐣ wîcihitowin (pronounced: wee-chih-hito-win), its 5th annual Indigenous Partnerships and Progress Report and announced the creation of a new Office of Reconciliation, and the appointment of a new Head of its Indigenous Banking Unit. BMO's work with Indigenous peoples and communities in Canada continues to be anchored in its Enterprise Indigenous Strategy, which consists of three foundational pillars: Education, Employment, and Economic Empowerment. "BMO chose to publish wîcihitowin in June this year to honour Indigenous History Month in Canada – a time to celebrate the heritage, cultures

TORONTO, Oct. 29, 2024 /PRNewswire/ -Bank of Montreal today announced the appointment of Diane Cooper and Brian McManus to its Board of Directors. "We are pleased to welcome Diane and Brian to the Board of Directors," said George Cope, Chair of the Board. "They each bring significant skills and experience and will be a valuable addition to our board." Ms. Cooper was formerly President and CEO of GE Capital's Commercial Distribution business and an officer of GE Company. She also led the GE Capital Equipment Finance and Franchise Finance businesses and previously held senior ro

TORONTO and CHICAGO, Oct. 2, 2024 /PRNewswire/ - BMO today announced the appointment of Kristin Milchanowski as its new Chief Artificial Intelligence and Data Officer, effective October 15, 2024. Kristin will drive BMO's Artificial Intelligence (AI), data, analytics, and robotics strategies and supporting technologies, championing a transformative AI roadmap that optimizes and enhances business value. Additionally, she will focus on data management and data governance across the organization, deepening the bank's robust and established culture of innovation and accountability. "Kristin brings extensive knowledge and expertise in transforming businesses by leveraging the full potential of th

LAFC Unveils New 2024 Primary JerseyLOS ANGELES, TORONTO, and CHICAGO, Feb. 15, 2024 /PRNewswire/ - Los Angeles Football Club (LAFC) and BMO today announced an expansion of their multi-year partnership, unveiling BMO as the Club's "Official Jersey Sponsor" on the 2024 primary and secondary jersey. BMO will continue to support fans of LAFC and the community as the Official Bank of LAFC, and BMO Stadium will continue to be the home of LAFC in the heart of Los Angeles. VIEW THE NEW JERSEY HERE: LAFC KIT LAUNCH PHOTOS (Credit: LAFC) Authentic and replica 2024 primary jerseys will

Following a surge in excess savings during the pandemic, Canadians are no longer putting as much money away - with savings levels now returning to pre-pandemic levels 63 per cent say current economic conditions are negatively affecting their ability to save for retirementTORONTO, Feb. 7, 2024 /CNW/ - BMO's annual retirement survey reveals Millennials (ages 28 to 44) believe they will need about $2.1M to retire, the highest among all adult generations. The survey also revealed that, for a second consecutive year, Canadians overall believe they need about $1.7 million in retirement. Demographic Age Groups Estimated Savings Needed to Retire,According to Survey Respondents National (All age gro

TORONTO and NEW YORK, Oct. 10, 2023 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Executive Officer & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role.  After a 32-year investment banking career, Mr. Barclay will transition to a role as Senior Advisor to the CEO. Mr. Tannenbaum will also join the bank's Executive Committee. Both changes are effective November 1, 2023. Mr. Tannenbaum will lead BMO Capital Markets and provide strategic direction on global markets and inve

TORONTO, Aug. 30, 2023 /PRNewswire/ - Bank of Montreal today announced the appointment of Hazel Claxton, former Executive Vice-President and Chief Human Resources Officer of Morneau Shepell Inc. (now part of TELUS Health), to its Board of Directors. "We are pleased to welcome Hazel to the Board of Directors," said George A. Cope, Chair of the Board. "She brings a wealth of knowledge and experience in executive leadership, accounting and finance, talent management, and strategic planning. She will be a strong addition to our Board." Prior to her tenure at Morneau Shepell Inc. f

TORONTO and CHICAGO, April 20, 2023 /CNW/ - BMO today announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. (BFC). Mr. Hackett will report to Chief Executive Officer Darryl White, join the bank's Executive Committee, and will chair the U.S. Management Committee. His appointment is effective June 1, 2023. Joining BMO in 2004, among several leadership roles at BMO and in the community, Mr. Hackett has served BMO's clients as the leader

TORONTO and CHICAGO, April 20, 2023 /PRNewswire/ - BMO today announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group, President & CEO of BMO Harris Bank N.A., and CEO of BMO's U.S. holding company, BMO Financial Corp. (BFC). Mr. Hackett will report to Chief Executive Officer Darryl White, join the bank's Executive Committee, and will chair the U.S. Management Committee. His appointment is effective June 1, 2023. Joining BMO in 2004, among several leadership roles at BMO and in the community, Mr. Hackett has served BMO's clients as the

A special report from the BMO Real Financial Progress Index found notable gender gaps in retirement readiness, financial literacy, and a strong demand for financial know-how resourcesOnly 53 percent of women report feel confident to retire at their target age compared to two thirds (66 percent) of menAn overwhelming majority of women (79 percent) desire greater access to financial literacy resources with 74 percent reporting they do not have a financial plan in place compared to 58 percent of menCHICAGO, March 7, 2023 /PRNewswire/ - A special report from the BMO Real Financial Progress Index focusing on women and financial confidence found a stark contrast regarding how women and men feel ab

TORONTO, Feb. 15, 2023 /PRNewswire/ - BMO Financial Group today announced the appointment of Nadim Hirji as Group Head, BMO Commercial Banking. Mr. Hirji will report to Chief Executive Officer Darryl White and join the bank's Executive Committee. His appointment is effective March 1, 2023. "Across North America, BMO's commercial bankers are fueling the growth and resilience of our clients' businesses that help our economy thrive and our clients make progress on their goals," said Mr. White. "Nadim is a purpose-driven leader who deeply understands the power that comes from the

Fewer than half (44 per cent) of Canadians are confident they will have enough money to retire as plannedMajority (74 per cent) are concerned about how inflation and rising prices will affect their financesTORONTO, Feb. 7, 2023 /CNW/ - BMO's 13th annual Retirement Study reveals Canadians are prioritizing retirement savings as both contributions and account holdings have increased from the previous year. The study found that Canadians believe they will need $1.7 million to retire, up 20 per cent from 2020 ($1.4 million). However, fewer than half (44 per cent) of Canadians are confident they will have enough money to retire as planned, a 10 per cent decrease from 2020. According to BMO Economi

TORONTO, June 8, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced the upcoming retirement of its Chief Risk Officer, Patrick Cronin, and the appointment of Piyush Agrawal into the role. Mr. Agrawal will join the bank as Deputy Chief Risk Officer on July 1 and, after a transition period with Mr. Cronin, become Chief Risk Officer on November 1. Mr. Agrawal, a seasoned executive with global risk experience, joins BMO from Citigroup, where he held the role of Chief Risk Officer for Citibank, N.A. and Global Head of Climate Risk since 2021. He joined Citigr

MONTREAL, June 7, 2022 /CNW/ - BMO Financial Group today announced that Claude Gagnon, President, Operations, BMO Financial Group, Quebec, intends to retire as of October 31. Further, Grégoire Baillargeon, currently Managing Director and Co-Head, BMO Capital Markets, Quebec, will become President, BMO Financial Group, Quebec, effective November 1, 2022. "I would like to recognize Claude Gagnon's exceptional contribution to the Bank over the past 47 years," said Darryl White, Chief Executive Officer, BMO Financial Group. "Claude has strengthened the bank's leadership position in Quebec and has ensured we have the opportunity to move to even greater heights over the long term. He will be great

TORONTO, May 11, 2022 /CNW/ - BMO Private Investment Counsel Inc., the manager of BMO Private Emerging Markets Equity Portfolio (the "Portfolio"), today announced the appointment of a new sub-advisor for the Portfolio. Effective on or about May 13, 2022, Columbia Management Investment Advisers, LLC will be appointed as a new sub-advisor of the Portfolio. Comgest SA will continue to act as a sub-advisor to the Portfolio. There will be no change to the Portfolio's fundamental investment objectives or to the investment risk rating as a result of this change. BMO Private Wealth is a brand name for a business group consisting of Bank of Montreal and certain of its affiliates in providing private

TORONTO and CHICAGO, March 7, 2022 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced that it has filed its 2022 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators. It further announced the release of its 2021 Sustainability reporting suite. Proxy Circular BMO's Annual Meeting of Shareholders will be held on Wednesday, April 13, 2022, at 9:30 a.m. EDT. The meeting will be held virtually, although – subject to public health guidelines and compliance with the bank's health and safety protocols – it may also have a limited in-person option at BMO Institute for Learning (IFL), 3550 Pharmacy Avenue, Toronto, Ontario. F

TORONTO, Feb. 24, 2022 /CNW/ - BMO Financial Group's 12th annual Registered Retirement Savings Plan (RRSP) Study revealed Canadians have continued to prioritize retirement planning despite the financial challenges from the pandemic and expectations of rising inflation. The study found that among the 60 per cent of Canadians with an RRSP, respondents on average plan on contributing $6,822 to their account, a 47 per cent increase since 2020. The average amount held in RRSPs nationally is $141,923, a 26 per cent increase from 2020 ($112,295). Region Average Amounts Held in RRSPs Average RRSP Contributions Atlantic $149,474 $2,660 Quebec $98,667 $4,781 Ontario $172,153 $6,877 Prairies $241,309

TORONTO, Feb. 14, 2022 /CNW/ - BMO Financial Group's Retirement Study found that while the average amount Canadians believe they need to retire has increased 12 per cent since 2020 to $1.6 million, fewer than half (44 per cent) of Canadians are confident they will have enough money to retire as planned. The annual survey explores Canadians' expectations and approaches to retirement planning. This year's edition found their confidence in having enough to retire as planned has decreased by 10 per cent since last year. Provincially, residents in Alberta and Ontario are the most confident in their existing retirement plans, at 51 and 46 per cent, respectively. Region Retirement Confidence Maki

Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) announced today that its Board of Directors ("Board") has appointed Patricia K. Collawn and Lorraine Mitchelmore to serve as members of the Board, effective July 1, 2021. Ms. Collawn and Ms. Mitchelmore are considered independent directors. Ms. Collawn has been appointed to the Audit and Compensation Committees and Ms. Mitchelmore has been appointed to the Audit and Governance and Nominating Committees. Ms. Collawn is the Chairman, President and Chief Executive Officer of PNM Resources, Inc. ("PNM Resources") (NYSE:PNM), an energy holding company based in New Mexico. Ms. Collawn joined PNM Resources in 2007 from Public Service Company of Colora

TORONTO, June 29, 2021 /CNW/ - BMO Asset Management (BMO AM) today announced the appointment of Sadiq S. Adatia as Chief Investment Officer. He will start his new role on July 14, 2021 and report to Kristi Mitchem, Chief Executive Officer, BMO Global Asset Management. Mr. Adatia will join BMO AM Canada's Executive Committee and be responsible for investment strategy and risk management. He will oversee the investment team on asset allocation, portfolio structure, and fund strategies across all traditional asset classes, and investment functions, including Trading, Portfolio An

TORONTO and CHICAGO, June 23, 2021 /PRNewswire/ - BMO Financial Group today announced the appointment of Kimberley Goode as Chief Communications & Social Impact Officer. She will join the bank in August and report to Cameron Fowler, Chief Strategy & Operations Officer. Ms. Goode will lead a new team combining the Communications practice areas of Employee Communications, Media Relations, and Government Relations with the Purpose and Community Giving teams, creating a single organization unified in its focus on achieving the bank's strategic priorities and purpose. "Kimberley brings to BMO an exceptional skillset and reputation as a seasoned communications executive," said Mr. Fowler. "Beyon

TORONTO, March 8, 2021 /PRNewswire/ - BMO Financial Group (TSX: BMO) (NYSE: BMO) today announced that it has filed its 2021 Notice of Annual Meeting of Shareholders and Management Proxy Circular with applicable securities regulators.  BMO's Annual Meeting of Shareholders will be held virtually on Wednesday, April 7, 2021, at 9:30 a.m. EDT. The Management Proxy Circular contains key information for shareholders on the meeting, including the items to be voted on, which are the election of directors, the appointment of auditors, the advisory vote on the bank's approach to executive compensation, and one shareholder proposal.  A detailed description of these items is contained in the circular. T