BMO Financial Group has appointed Alan Tannenbaum to the role of CEO and group head of capital markets at the firm, due to the retirement of current head Dan Barclay.
Barclay, who is set to retire after a 32-year long investment banking career, will remain at the firm in the role of senior adviser to the CEO. Both changes will be effective from 1 November. Tannenbaum, who will also join the bank's executive committee, lead BMO Capital Markets and provide strategic direction on global markets and investment and corporate banking customer segments. He will report to CEO Darryl White. BMO appeals $834.2m charge following loss of Ponzi scheme lawsuit in the US "Alan's appointment represents a strong handoff of a high-performing and high-potentia...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
