July 30, 2014 10:36 PM ET


Company Overview of BMO Financial Corp.

Company Overview

BMO Financial Corp. is a holding company operating through its subsidiaries that provides banking, lending, investing, and wealth management solutions to personal, business, and corporate clients. The company, through its subsidiaries, offers checking and savings plans, money market accounts and certificates of deposit, mortgages, loans and lines of credit, investments and retirement planning, credit card services, commercial real estate loans, cash management, and online services for individuals and businesses; and wealth advisory, investment management advisory, private banking, and trust and estate services. It also provides commercial mortgages, industrial revenue bonds, succession/trans...

111 West Monroe Street

Third Floor

Chicago, IL 60603-4096

United States

Founded in 1984





Key Executives for BMO Financial Corp.

Chief Executive Officer and President
Chief Financial Officer
Compensation as of Fiscal Year 2014.

BMO Financial Corp. Key Developments

BMO Financial Corp. Announces Appointment of Bonnie Howard to Board of Directors

BMO Financial Corp. announced the appointment of Bonnie Howard to its Board of Directors. In previous roles, Ms. Howard served as Managing Director, Global Capital Markets Internal Audits for FleetBoston and served in a number of key roles at JPMorgan Chase &Co., including Global Head, Capital Markets Operational Risk Management, and Managing Director and Deputy Chief Auditor, Global Markets. She currently serves on the boards of Assured Guaranty Ltd. and the YWCA of the City of New York.

Ellen Costello to Retire as President and CEO of BMO Financial Corp. and BMO Financial Group

Ellen Costello, President and Chief Executive Officer of BMO Financial Corp. and U.S. Country Head of BMO Financial Group has announced her intention to retire from the company. She will be succeeded by Chris Begy, currently BMO Financial Group's Chief Auditor. Chris Begy will take on his new position as U.S. Country Head on August 1, 2013, assuming Ellen Costello's current accountabilities. An announcement regarding Chris' successor will be made shortly. Ms. Costello joined BMO in 1983. Mr. Begy has led BMO's Corporate Audit function since 2001.

BMO Financial Corp. Appoints Adela Cepeda to the Board of Directors

BMO Financial Corp. announced the appointment of Adela Cepeda, President of A.C. Advisory Inc., to the BMO Financial Corp. Board of Directors. Cepeda founded A.C. Advisory Inc. Cepeda also serves on the boards of various mutual funds. In previous roles, Cepeda has served as Managing Director and Co-founder of Abacus Financial Group Inc., and as Vice President for the Corporate Finance Department at Smith Barney, Harris Upham & Co. Inc. She also served on the audit committee of Wyndham International Inc. Cepeda served on the executive committee of the Chicago Community Trust and the board of the Public Building Commission. She currently serves on the boards of Windows to the World Communications Inc., Ravinia Festival Association and the Girl Scouts of Greater Chicago and Northwest Indiana.

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