CHICAGO, IL--(Marketwired - Sep 17, 2014) - BMO Financial Group today announced that Darrel Hackett has been appointed President, BMO Private Bank. In this role, Mr. Hackett will be responsible for the performance, strategy and delivery of BMO Financial Group's personal wealth management businesses throughout the United States. He will also be responsible for the development of new products and solutions for all business segments within BMO Private Bank.
"Darrel is an accomplished leader and strategic thinker who has a strong track record of success at BMO Financial Group," said Gilles Ouellette, President and CEO, Private Client Group, BMO Financial Group. "He is highly respected for his integrity, deep market knowledge, commitment to an exceptional client experience and helping clients realize their financial goals."
Mr. Hackett has served in a variety of Retail, Commercial and Wealth leadership roles since joining BMO in 2004. He most recently served as Senior Vice President and Head of North American Integrated Channels; in this role, he led banking distribution via direct customer channels, held accountability for the bank's digital channels and physical distribution, and was responsible for developing a truly distinctive multi-channel customer experience.
He has also led BMO Harris Bank's Business Banking operations in the U.S. and served as a Regional President for the Retail operation in Chicago. In his initial role at BMO, he served as Vice President, Acquisition, Integration and Alignment. Before joining BMO, Mr. Hackett was a Management Consultant at McKinsey & Company in Chicago. He has also held a variety of management roles at General Electric Company.
"Our professionals provide high-quality advice and are committed to offering strategies and solutions that meet our clients' unique needs and simplify their lives," said Mr. Hackett. "I'm very excited to be taking on this new role, building on our momentum and leading our incredible team."
About BMO Private Bank, a part of BMO Financial Group
BMO Private Bank offers a comprehensive range of wealth management services that include investment advisory, trust, banking and financial planning to meet the financial needs of high net worth clients. Through integrated teams of experienced financial professionals, BMO Private Bank helps its clients realize their financial and lifestyle goals with solutions that are custom tailored and delivered with the highest level of personalized service.
BMO Private Bank is a brand name used in the United States by BMO Harris Bank N.A. Member FDIC. Not all products and services are available in every state and/or location.