BMO Global Asset Management has appointed Richard Wilson as its new CEO and CIO with immediate effect, as co-CEO Rajiv Silgardo prepares to retire from the company in August.
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He previously served as BMO Global Asset Management EMEA CEO.
Wilson was named as the CEO of F&C Asset Management in January 2013 before its takeover by BMO. He previously also held other senior roles at F&C such as head of equities and head of investment and institutional.
His earlier roles include UK equity manager with HSBC Asset Management, managing director of global equities at Deutsche Asset Management, and head of international equity investments at Gartmore Investment Management.
BMO Financial Group head – wealth management Gilles Ouellette said: "We are pleased to appoint Richard Wilson as CEO and 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.
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By GlobalData"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 distribution network, we’re confident in our growth strategy."
Barry McInerney, who previously served as co-CEO alongside Silgardo, departed from BMO last month to join Mackenzie Investment as president.
