Neha Gupta
2 min read
In This Article:
Bank of Montreal (NYSE:BMO) is one of the most undervalued financial stocks for buying, according to analysts. On June 11, the company unveiled a string of leadership appointments to consolidate its personal, commercial, and wealth management business in the US.
A customer using their mobile device to access financial services with the help of a customer service representative.
Aron Levine will take over as the new group head and president of BMO US. He will oversee the Bank of Montreal's regional personal and commercial banking business in the US. Nadim Willrji will head BMO's North American commercial banking business. He will also double up as the vice chair of BMO commercial banking.
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Powered by Money.com - Yahoo may earn commission from the links above.Sharon Haward-Laird will head Canadian commercial banking and North American shared services. Mathew Mehrotra will join her as head of the Canadian personal and business banking group.
The leadership shakeup supports rebuilding the Bank of Montreal's Return on Equity. The bank is also looking to optimize its US structure by combining US personal and business banking. The new additions will also bring greater capabilities that should accelerate the bank's performance through greater collaboration and integration of AI, data, and cloud computing for faster, more innovative work.
Bank of Montreal (NYSE:BMO) is a Canadian bank offering various financial services to individuals, businesses, and institutions. It provides products and services in personal banking, commercial banking, wealth management, and investment banking.
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Disclosure: None.
