Toronto-based BMO Global Asset Management has appointed Kristi Mitchem as its new chief executive.
Taking up the post in March, Mitchem will replace Richard Wilson who will retire after almost five years as the firm’s chief executive and two as chief executive of F&C.
Mitchem, who will report to Joanna Rotenberg, group head of BMO Wealth Managemen, joins BMO from Wells Fargo Asset Management where she was chief executive. She has also worked at State Street Corporation, BlackRock, and Goldman Sachs.
“Kristi is highly respected across the industry. I look forward to her joining our team and building on Richard’s success in leading BMO’s asset management business to drive exceptional performance and service for our clients,” said Darryl White, chief executive of the BMO Financial Group.
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