|By Marketwired .||
|September 20, 2013 11:15 AM EDT||
CHICAGO, ILLINOIS -- (Marketwired) -- 09/20/13 -- For the fourth year in a row, BMO Financial Corp. was recognized by American Banker as having one of the top teams in the U.S. as part of their annual Most Powerful Women in Banking rankings. In addition, Ann Benschoter, Executive Vice President, P&C U.S. Headquarters, has been named individually as one of American Banker's 25 Women to Watch.
"At BMO, it's a business priority to recognize and support the advancement of qualified women to leadership roles in our company," said Richard Rudderham, Executive Vice-President and Head of Human Resources, BMO Financial Group. "When we acknowledge and nurture talented women, it doesn't go unnoticed in the industry. Congratulations to Ann and the team on this tremendous honor."
The evaluation to select teams is based on a number of criteria including:
-- financial performance; -- strategic initiatives driven by women-led business units; -- best-practices used by women-led business units; and -- diversity initiatives that exist within the organization.
Along with acknowledging the talented women in the bank, American Banker also took note of how these executives handled the efforts in bringing Harris and M&I together.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $549 billion as at July 31, 2013, and more than 46,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions.