Bank of Montreal (TSX:BMO) has named Charyl Galpin as head of BMO Nesbitt Burns, the bank’s full-service investment dealer.
In this role, Galpin will be responsible for overseeing the full-service investing and wealth advisory business in Canada. The firm consists of an extensive network of more than 1,300 investment advisors at 60 branches across the country.
Galpin has been co-head of BMO Nesbitt Burns since 2011. During this time, she consistently delivered strong financial results, while strengthening client relationships.
“Charyl’s deep business and market knowledge, unwavering commitment to clients and community, and strong leadership skills make her the perfect choice to lead BMO Nesbitt Burns,” said Gilles Ouellette, president and CEO, private client group, BMO Financial Group. “Charyl leads by example, championing diversity and inclusion, and mentoring and developing the next generation of leaders across BMO.”
Earlier this year, Galpin launched BMO’s first women-focused affinity group in Canada centered on the well-being and success of women at the bank. She has also been focused on and is committed to the recruitment and advancement of women investment advisors at the firm.
Galpin joined BMO in 1979, moving in 1986 to Burns Fry where she held a series of leadership roles including manager, client services and vice-president, investor services operations. In 2000, she was appointed senior vice-president and managing director, head of national operations, private client group. In 2006, Galpin was appointed chief operating officer, BMO Nesbitt Burns.
Former co-head Richard Mills will be leaving BMO Nesbitt Burns effective January 2015, the firm says.
Mills’ career at BMO spanned approximately 30 years. He began it with Burns Fry in 1986 and in the years that followed he held a variety of positions — investment advisor, branch manager, divisional manager, and national sales manager — until he was tapped to lead BMO Nesbitt Burns as co-head in 2011.