Last updated: 21:04 / Wednesday, 8 June 2016
Effective immediately

BMO Names Richard Wilson as New CEO-CIO

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BMO Names Richard Wilson as New CEO-CIO

Richard Wilson has been appointed Chief Executive Officer & Chief Investment Officer, BMO Global Asset Management, effective immediately.

Richard was previously CEO of BMO Global Asset Management (EMEA). He was appointed as CEO of F&C on January 1, 2013, prior to its acquisition by BMO Financial Group. Before becoming CEO, Richard held several senior positions at F&C including Head of Equities and Head of Investment & Institutional.

He began his asset management career in 1988 as a UK equity manager with HSBC Asset Management (formerly Midland Montagu). In 1993 he moved to Deutsche Asset Management (formerly Morgan Grenfell) where he was latterly Managing Director, Global Equities. From Deutsche, Richard joined Gartmore Investment Management in 2003 as head of international equity investments, prior to joining the Group in 2004. He holds a BA (Hons) in Economics and Statistics from the University of Exeter.

BMO Global Asset Management is a critical part of our overall Wealth Management business. It is well positioned to accelerate global growth. Over the past seven years, BMO Global Asset Management has transformed into a truly global asset manager with presence in 16 countries and AUM of more than £160-€200 billion (31 March 2016).

This change in our structure and leadership will help our business as we work toward achieving our global aspirations.We are confident we will deliver strong growth, outstanding client solutions, and market leading performance.

Gilles Ouellette, Group Head - Wealth Management, BMO Financial Group: “We’re pleased to appoint Richard Wilson as CEO & CIO of BMO Global Asset Management. His 30 years of experience in asset management and track record of developing innovative products, building high performance teams and delivering outstanding client service has been a tremendous asset for BMO.  BMO Global Asset Management continues to be a critical part of our overall Wealth Management business and by leveraging our strong investment capabilities and broad distributionnetwork, we’re confident in our growth strategy.”

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