BMO Financial Group announced the upcoming retirement of its CEO & Group Head, Capital Markets, Dan Barclay, and the appointment of Alan Tannenbaum into the role. After a 32-year investment banking career, Barclay will transition to a role as senior advisor to the CEO. Tannenbaum will also join the bank’s executive committee. Both changes are effective November 1. Tannenbaum will lead BMO Capital Markets and provide strategic direction on global markets and investment and corporate banking customer segments. He will report to Darryl White, CEO, BMO Financial Group. Tannenbaum will be succeeded in his current role by Brad Chapin who will serve as Interim Global Head, Investment & Corporate Banking.
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