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 Executive Profiles

BMO Nesbitt Burns

William DowneWilliam Downe
President & Chief Executive Officer, BMO Financial Group

William Downe was appointed Chief Operating Officer, BMO Financial Group effective February 1, 2006.

Mr. Downe is responsible for all the operating units of BMO Financial Group, including Personal and Commercial Banking in Canada and in the United States, Investment Banking, Wealth Management, Technology and Solutions and Corporate Marketing.

After completing his Bachelor of Arts degree from Wilfred Laurier University, Mr. Downe graduated with a Master of Business Administration from the University of Toronto in 1978. In 2003, he received the Rotman Distinguished Business Alumni Award from the Joseph L. Rotman School of Management and in 2005, an Arbor Award from the University of Toronto in recognition of outstanding personal service to the university. Mr. Downe joined Bank of Montreal in 1983 as a credit analyst and then held a variety of senior management positions in Corporate and Government Banking in Houston and Denver. In 1992, Mr. Downe was named Senior Vice-President, U.S. Corporate Banking. In 1996, he was appointed Executive Vice-President, North American Corporate Banking and in 1998 the Head of Global Fixed Income Treasury. In 1999, he was appointed Vice-Chair, Bank of Montreal. In 2001, he was named Deputy Chair of BMO Financial Group and Chief Executive Officer, BMO Nesbitt Burns.

Mr. Downe is Chairman of the Board of Directors of St. Michael's Hospital in Toronto, where he has served as Chair of the Audit Committee and is currently Chair of the Business Services Committee. He has also taken on a multi-year commitment as a Leadership-Co Chair for the St. Michael's Hospital Campaign. Mr. Downe is also a past board member of Goodwill Industries of Chicago, where he was instrumental in its re-capitalization.

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