Executive Bios
Darryl White Chief Executive Officer, BMO Financial Group

Darryl White is Chief Executive Officer of BMO, the 8th largest bank in North America by assets. He serves as a director of BMO Financial Group as well as its U.S. subsidiary, BMO Financial Corp. He is a member of the Ottawa-based Business Council of Canada, the Washington, D.C.-based The Business Council, the Mayor of Beijing’s International Business Leaders Advisory Council, and The Bank Policy Institute, a nonpartisan public policy, research and advocacy group, representing leading banks in the U.S, where he also serves as a director of the board. Darryl is Chair of the Catalyst Canada Advisory Board and is a member of the Catalyst Board of Directors and the Board’s Executive Committee.
Mr. White has strong ties to United Way. In 2018, he became Co-Chair of the Inclusive Local Economic Opportunity Roundtable, a partnership between BMO and United Way Greater Toronto that brings together business and community leaders to develop approaches to reduce economic disparity in the region.
Mr. White serves as Campaign Cabinet Co-President for the Montréal Children’s Hospital Foundation. He is also a Chair of the National Hockey League’s Montreal Canadiens, and a director of Alpine Canada, the governing body for alpine, para-alpine and ski cross racing in Canada.
Mr. White is a graduate of the University of Western Ontario's Richard Ivey School of Business and has completed the Advanced Management Program at the Harvard Business School.
Don Erickson U.S. Chief Auditor, BMO Financial Group

Don Erickson is the U.S. Chief Auditor for BMO Financial Group and is responsible for leading a team of audit professionals, identifying insights into current, emerging and potential issues, trends, and opportunities that will enhance efficiency and effectiveness of control processes.
Most recently, Don served as the Managing Director for U.S. Corporate Audit, accountable for the U.S. Regulatory and Enterprise AML audit teams while also coordinating various strategic initiatives for the Division.
Don began his career at BMO Financial Group in 2008 as the U.S. Regulatory Compliance & Governance Director in the Corporate Audit Division. Don’s team was responsible for the planning and execution of numerous audits with a focus on high risk consumer regulations and business practices.
Prior to joining BMO, Don served as Associate Audit Director at Raymond James Financial in St. Petersburg, Florida. Don’s career also includes tenures with Franklin Templeton Investments and PwC.
Don received his Bachelor of Arts degree in Accounting and Computer Science from Augustana College and a Master of Business Administration from the University of Tampa.
Don is a Board Member of the Lutheran Social Services of Illinois and serves as Chair of the Audit Committee.
Darrel Hackett U.S. Chief Executive Officer of BMO Financial Group

Darrel is the U.S. Chief Executive Officer of BMO Financial Group. Darrel is responsible for the overall performance of BMO Financial Corp., BMO Bank N.A. and their subsidiaries. He is responsible for ensuring effective governance across all BMO U.S. operations.
Darrel is a member of BMO Financial Group’s Executive Committee, and he chairs BMO’s U.S. Management Committee. He also serves on the board of directors of BMO Financial Corp., and BMO Bank N.A., the board that governs BMO Financial Group’s principal banking subsidiary in the United States.
In his most recent role, Darrel served as President, BMO Wealth Management – U.S. from 2014 to 2023. He was accountable for BMO’s private wealth management businesses in the United States and led a team of 1,000 high performing professionals and over $130 billion in client assets.
Since joining BMO in 2004, Darrel has held several leadership roles including Head of North American Integrated Channels; Head of U.S. Business Banking; Regional President - Chicago Metro; and Head of Acquisition Integration. Before joining BMO, Darrel was a management consultant at McKinsey & Company. Prior to that, he held a variety of roles at the General Electric Company.
Darrel serves on the Board of Directors for the Art Institute of Chicago, Rush University Medical Center, Executives Club of Chicago, Kids First Chicago, United Way of Metro Chicago, and Glatfelter Corporation. He is a member of the Civic Committee of the Commercial Club of Chicago, the Trustees’ Committee of the Chicago Community Trust, the Executive Leadership Council, and the Economic Club of Chicago.
Darrel has an MBA from Stanford University’s Graduate School of Business and a Bachelor of Science in Mechanical Engineering from the University of Tennessee, Knoxville.
David Jacobson Vice Chair of BMO Financial Group

David Jacobson became Vice Chair of BMO Financial Group in October 2013. In this role he is responsible for driving business across all lines, including Capital Markets, Personal and Commercial Banking, and Wealth Management. Among other responsibilities at the bank, Mr. Jacobson is a member of the Board of Directors of the Bank of Montreal (China) Co. Ltd., and serves as Chair of BMO’s Political Action Committee.
Prior to joining BMO, Mr. Jacobson served as the 22nd United States Ambassador to Canada, holding the role from 2009 to 2013. As Ambassador, he worked to expand the bilateral trading relationship between the United States and Canada, raising it to the highest level between any two countries in history. Ambassador Jacobson led the efforts of the Beyond the Border Action Plan and the Regulatory Cooperation Council to improve the security and efficiency of the border between the two countries. He worked to strike a balance between using North America’s energy resources and preserving the environment, and to foster the shared values of the United States and Canada around the world. For his efforts, Ambassador Jacobson received the State Department’s 2012 Sue M. Cobb Award for Exemplary Diplomatic Service.
Before becoming Ambassador, he served in the Obama White House as Special Assistant to the President for Presidential Personnel. Prior to joining government service, he was a corporate lawyer in Chicago.
Mr. Jacobson is involved in a number of civic activities. He was appointed by President Obama to the Board of Trustees of the Woodrow Wilson International Center for Scholars. He also sits on several civic boards, including the United States Chamber of Commerce, the National Archives Foundation and the Chicago Council on Global Affairs.
Mr. Jacobson received a JD degree from Georgetown University, where he was the Administrative Editor of the Georgetown Law Journal. He received his BS degree from Johns Hopkins University.
Mr. Jacobson lives in Chicago with his wife Julie. They have two adult children.
Erminia (Ernie) JohannsonGroup Head, North American Personal & Business Banking

Ernie Johannson is BMO’s Group Head of North American Personal and Business Banking and a member of the bank’s Executive Committee. Ernie leads a team of 21,000 responsible for helping nearly 10 million personal and business banking customers make real financial progress.
In her current role, Ernie supports BMO’s efforts to accelerate growth, building on her passion for delivering exceptional customer service and her track record of innovating and generating sustainable profit growth in a rapidly changing environment. Her North American mandate allows her to scale BMO’s technological and cultural transformations already underway in both geographies. She was instrumental in BMO’s acquisition of Bank of the West in February 2022, which doubled the size of BMO’s Personal & Business Banking business in the U.S. Under her leadership, the Personal and Business Banking teams have been recognized regularly for best-in-class products and customer experience, including among Forbes list of World’s Best Banks and American Banker’s ranking of the Top 15 Customer Experiences. The team was also recognized as having the best mobile money management experience in Canada by Insider Intelligence.
Previously, Ernie led U.S. Personal and Business Banking. She launched a bold strategy that changed the business’ trajectory, increased revenue by double digits, and improved employee engagement significantly despite a heavy change agenda. She also championed the launch of enhanced digital banking to both meet growing customer expectations and compete with larger-scale U.S. banks.
Since joining BMO in 2012, Ernie has delivered results leading diverse businesses and corporate groups, including serving as North American Chief Risk Officer.
Before joining BMO, Ernie was EVP of Customer Strategy and Integration at Fidelity Investments, and held senior positions at CIBC, including SVP of Marketing and Strategy, and SVP of Credit Cards.
Ernie serves on the board of directors of the U.S. Consumer Bankers Association, as well as on the board and executive committee for the Canadian Banking Association. She previously served on the boards of Payments Canada and Moneris Solutions Corporation, and was chair of the Canadian Marketing Association. American Banker magazine has included Ernie on its list of the Most Powerful Women in Banking since 2019. In 2020, Forbes named her one of the 13 Women Changing the Money Industry not Even the Coronavirus can Stop, and in 2022 she was named to Women Inc.’s list of the Most Influential Women Executives in Corporate America.
Dan MarszalekHead, U.S. Corporate Finance

Dan leads the U.S. Corporate Finance Group, which represents about half of the Commercial Bank. Corporate Finance includes Asset-Based Lending, Dealer Finance, Equipment Finance, Financial Institutions, Franchise Finance, Sponsor Finance, Sponsor Fund Lending and Community Investments.
He previously served as managing director and head of Merrill Lynch Capital's corporate finance unit where he led a team dedicated to providing cash flow, asset-based, junior secured and mezzanine financing solutions to middle market companies. Prior to joining Merrill Lynch, Dan spent 17 years with Heller Financial, most recently as group president of corporate finance with similar responsibilities to Merrill Lynch but also included equity investments and mergers & acquisitions advisory activities.
Dan has a bachelor's degree in Finance and Marketing from Northern Illinois University and an MBA from the University of Chicago Booth School of Business.
Larissa ChaikowskyU.S. Chief Human Resource Officer and Head, Talent Reskilling &
Acceleration

Larissa Chaikowsky is US CHRO and Head of Talent Reskilling & Acceleration within People & Culture at BMO Financial Group. In her US CHRO role, she oversees the strategic and operational governance processes of the U.S. HR organization and executes on enterprise people strategies. She leads human resources related matters as they pertain to U.S. regulatory agencies, and U.S. mergers and acquisitions. Larissa has a leadership role with the Human Resources Committee of the BMO Financial Corp board of Directors and the Benefits Investment Committee. She also chairs the U.S. Compensation Oversight Committee and the U.S. Benefits Administration Committee. As the Head of Talent Reskilling & Acceleration, she is accountable for leading and executing on the global enterprise-wide people workstreams that will advance BMO’s digital first strategic agenda. Larissa also currently sits on the Capital Markets Corporation Board.
During her fifteen-year tenure at BMO, she has held several senior positions, including the Chief Operating Officer for the U.S. Wealth Management, and across several other parts of the organization including corporate strategy and technology & operations. Larissa has led numerous business group BMO Employee Giving Campaigns, the American Heart Association Walk and Kids’ Help Phone fundraising efforts. External to BMO, Larissa is an executive committee member of the Bank Administration Institute (BAI), and until recently served on the boards of Inspiration Corporation, American Red Cross of Chicago and Northern Illinois and Chicago-Toronto Sister Cities.
Larissa received her Bachelor of International Business and Relations from the Sprott School of Business and holds an MBA from the Richard Ivey School of Business, where she was an Ivey Scholar.
Rahul NalgirkarU.S. Chief Financial Officer, BMO

Rahul Nalgirkar currently serves as Chief Financial Officer of BMO’s U.S. Operations as well as North American Commercial Banking (NACB). He is responsible for all aspects of financial operations and processes, including financial accounting and reporting, business planning & forecasting, management reporting, treasury, and capital management. Mr. Nalgirkar also plays a key role in the development and implementation of BMO's business strategy in the U.S. and NACB, and integration planning for the proposed acquisition of Bank of the West.
Before joining BMO, Mr. Nalgirkar served as Group CFO at Fifth Third Bank, where he led financial and strategic planning, operational data & analytics, acquisition integration and pricing for all lines of businesses spanning Commercial, Consumer, Wealth, Business Banking, Regional Banking and Enterprise Digital & Marketing. Mr. Nalgirkar started his career with General Electric as a member of their finance leadership program ‘GE Corporate Audit Staff’ and held progressively senior leadership roles at GE Capital, Citigroup, CIT and Fifth Third Bank.
Mr. Nalgirkar holds a Bachelor of Commerce from University of Delhi and is a member of the Institute of Chartered Accountants of India.
Brad A. RothbaumManaging Director & Head, U.S. Global Markets, and Chief Operating
Officer of BMO Capital Markets Corp. and Head of the U.S. Branches

Brad Rothbaum is Managing Director & Head, U.S. Global Markets, and Chief Operating Officer of BMO Capital Markets Corp. and Head of the U.S. Branches which include New York, Chicago, and an Agency Office in Houston. Brad is a member of the US Management Committee and Chairs the BMO Capital Markets Corp. Board of Directors. He joined Bank of Montreal in December of 2009.
Prior to joining BMO, he was the Executive Vice President and Chief Operating Officer of Paloma Securities LLC in Greenwich, CT, part of the multi strategy Paloma Partners hedge fund complex.
Brad has served on the Board of Directors of the United Way of New York City since 2014 and is a member of their Executive Committee. Brad is also a Trustee for the Citizens Budget Commission in New York City since 2016. Brad co-founded a scholarship for graduating seniors at Francis Lewis High School in Queens, NY, his alma mater, which recognizes students who have successfully overcome obstacles in their non-academic lives.
Brad holds an MPA in Public Finance and a BA in Political Science/History from the University at Albany Rockefeller College of Public Affairs and Policy.
Brad is a Co-Executive Sponsor for the BMO Alliance for Women and PRIDE (Personal Rights in Defense and Education), two BMO Enterprise Resource Groups supporting our employees, and is a member of the BMO Federal PAC Advisory Committee.
Victor TungU.S. Chief Technology and Operations Officer and Chief Operating
Officer, Technology and Operations

Victor Tung is the U.S. Chief Technology and Operations Officer (U.S. CTOO) and Chief Operating Officer, Technology and Operations (COO T&O) for BMO Financial Group. He leads a global team that is responsible for transformation and integration across Technology and Operations. His mandate also includes the development and implementation of technology solutions for the bank's corporate and international banking areas.
In Victor's capacity as U.S. Chief Technology and Operations Officer, he is responsible for the strategic and operational governance processes of the U.S. T&O organization to ensure it is consistent with Enterprise direction and operates in alignment with the U.S. Governance model.
Victor is a graduate of the Rotman Executive Masters of Business Administration program, holds an Honours Business Administration degree from the University of Toronto Scarborough, has a Certificate in Human Resource Management from Woodsworth College and earned his Global Professional Master of Laws from the University of Toronto's Faculty of Law in 2015.
Victor is well known as a respected thought leader in the technology industry and has been recognized as one of Canada's Top 40 Under 40.
George Walz
Senior Vice President and Chief Compliance Officer, BMO Financial
Group

George Walz is Senior Vice President and Chief Compliance Officer at BMO Financial Corp. As Chief Compliance Officer, George is responsible for the overall strategic leadership, oversight and performance of BMO’s U.S. compliance program.
Prior to joining BMO in 2014, George was Vice President and Head of the Office of Risk and the Office of Regulatory Programs at the Financial Industry Regulatory Authority (FINRA) in Washington DC. He oversaw FINRA’s risk management function and the development of regulatory programs used by FINRA in its risk based examination programs of business conduct, financial risks and market conduct areas covering U.S. securities regulations.
George has served as a technical expert on risk based supervision of financial intermediaries for the International Monetary Fund and World Bank on projects with regulators to strengthen risk based supervision in countries in Latin America and Africa.
George graduated in Finance from Loyola University of Chicago.
Ray WhitacreHead, U.S. Diversified Industries Group

Ray leads the U.S. Diversified Industry Group which provides commercial banking services to private and public companies in a variety of industries, commercial real estate entities, government and municipalities, schools, social services organizations, and culture institutions. He is also accountable for developing and implementing the line of business strategy, building new customer relationships, and the overall financial performance of the business.
Since joining BMO in June 1986, Ray has worked extensively with both publicly held, equity sponsor owned, and privately held companies in a wide range of industries. Prior to rejoining the commercial bank in 2007, he was responsible for investment banking coverage activities in the Commercial and Industrial Group of BMO Capital Markets. He focused on raising public and private equity and debt, M&A engagements, structured finance, and lead syndicated loan transactions for clients and prospects throughout the United States.
Ray has a Bachelor of Science degree in Finance from Miami University.
Ray also serves on the board of the Chicago Shakespeare Theater.
Ann Marie WrightU.S. Chief Risk Officer, BMO Financial Group

Ann Marie Wright is the U.S. Chief Risk Officer for BMO Financial Group. In this role, she is responsible for ensuring that the organization is effectively identifying and managing the risks in the business and legal entities through which it operates in the U.S. She provides independent review and oversight of risk issues for leadership and fosters a strong risk culture across the U.S.
Most recently, Ann Marie was U.S. Chief Auditor and previously served as Chief Operating Officer for the North American Commercial Bank. She began her career at BMO Financial Group 15 years ago and has held numerous progressive roles including: Senior Audit Manager in the Corporate Audit Division; Managing Director - Business Manager, U.S. Investment Banking; Managing Director - Business Intelligence; and Managing and Director/Head - Capital Markets Compliance and Supervision. Prior to joining BMO, Ann Marie held credit/portfolio management roles at Bank of America and GE Capital.
Ann Marie holds a Bachelor of Science in Finance from the University of Illinois at Urbana-Champaign, and a Master's in Management degree specializing in Finance and Management Strategy from Northwestern University. She also holds the Certified Anti-Money Laundering Specialist (CAMS) designation.
She is a Board Member of Children Home & Aid Society of Illinois and The Chicago Foundation for Women, and also serves as Co-Chair of BMO’s Leadership Council for Inclusion and Diversity.