Toronto-based BMO Capital Markets, Bank of Montreal’s (BMO) investment and corporate banking arm, announced on Thursday that Luke Seabrook has been appointed as chief operating officer (COO). He will oversee all risk, balance sheet and first line regulatory and compliance functions for the business group.
“Luke brings nearly two decades of capital markets experience and an exceptional track record of managing risks and delivering innovative products to clients,” says Pat Cronin, group head of BMO Capital Markets, in a news release announcing the move. “His appointment as COO reflects his tremendous success in moving our business forward and providing exceptional client service.”
BMO promoted Darryl White, the previous group head of BMO Capital Markets, to COO for the bank overall In November, as part of a wider executive shuffle. Cronin, who had been COO of the capital markets business, moved up to group head of the unit at that time, and Seabrook has now been tapped to fill the role of COO.
Seabrook joined BMO in 2004 as managing director and head of equity linked and mutual fund linked products and rose through increasingly senior positions. In 2012, he was appointed head of the financial products and debt products groups. Since 2015, he has been global head of trading products with responsibility for global equities, fixed income currencies and commodities (FICC) and global structured products.
Seabrook also serves on BMO Capital Markets’ executive and operating committees.
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