BMO Wealth Management (US) has appointed Jim Duff as national head of banking for its private bank.

Duff will spearhead the firm’s growth strategy and risk management, with responsibility for offering strategic development and customised banking solutions for high-net-worth individuals, families, as well as organisations.

Duff has been serving BMO for more than 13 years. He previously was a management consultant at Ernst and Young, with responsibility for heading technology and process consulting in insurance, capital markets, international and commercial banking.

BMO Wealth Management US president Darrel Hackett said: “Jim’s broad experience in the industry will be an asset to our team of advisors that partners with our high-net-worth customers to deliver customized financial plans that help our clients achieve their ambitions. We are excited to have Jim join us and look forward to his leadership.”

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