Vice-Chair, BMO Financial Group
Frank Techar is Vice-Chair of BMO Financial Group, appointed in November 2016. In this role, he leverages his broad and deep experience spanning three decades in global financial services to focus on accelerating the bank’s business growth in all markets, and particularly in the U.S. Midwest, which continues to be a mainstay of the bank’s growth plans.
Mr. Techar began his career with BMO Financial Group in the Corporate Banking Division in 1984, and has held progressively more senior management positions in Canada, the United States and the United Kingdom.
Most recently, he was the Chief Operating Officer of BMO Financial Group from 2013 to 2016. As Chief Operating Officer, he had direct accountability for the bank’s personal, commercial and wealth management businesses in Canada and the United States, as well as the bank’s retail distribution channels, which serve more than nine million customers. He was also accountable for marketing and for aspects of technology and operations to deliver leading customer experience and to respond appropriately to market conditions, trends and new technologies.
He led the bank’s U.S. Personal and Commercial banking business from 2002 to 2006, as President and CEO of BMO’s Chicago-based Harris Bankcorp, Inc., now BMO Harris Bank. From 2006 to 2013, he was President and CEO of the Canadian Personal and Commercial banking business.
Mr. Techar is an active member of the civic and business communities where he has worked and lived. He is a member of the United Way of Toronto and York Region’s Board of Trustees and of United Way’s Strategic Resource Development Committee, and served on the Campaign Cabinet from 2009 to 2011. He also chaired the annual giving campaign for the United Way of Metropolitan Chicago. He is a director of St. Michael’s Hospital in Toronto and chairman of the St. Michael’s Foundation Board. He has been named a Life Trustee of Rush University Medical Center in Chicago.
A native of Minnesota, Mr. Techar holds dual Canadian and American citizenships. He earned a Bachelor of Science and Engineering degree from Princeton University in 1978 and an MBA from the University of Denver in 1983.
F. Techar (high resolution picture, jpg, 1762k)