BMO announces Quebec leadership transition plans

Gagnon’s lengthy record of service at the bank includes stints in several key positions across the personal and private banking sectors. He has also led sales teams, financial services and investment activities, as well as business development.

“I thank my many colleagues with whom we accomplished so much over the course of my tenure at BMO,” Gagnon said. “It has been a real honour to have been able to pursue the legacy of the late Jacques Ménard and be part of such an accomplished team.

“I am especially proud of our progress in supporting Indigenous communities, particularly our outreach to Indigenous leaders in partnership with chambers of commerce throughout Quebec to help support regional economic development,” he added.

Following Gagnon’s retirement, BMO said that Grégoire Baillargeon (above, right), who is currently its Managing Director and Co-Head, BMO Capital Markets, Quebec, will become President, BMO Financial Group, Quebec as of November 1.

“Not only is Grégoire a trusted advisor to our corporate clients in a wide range of economic sectors, he is also engaged in social causes that address inequality of opportunity and eliminate barriers to full economic inclusion,” White said. “I have full confidence in Grégoire and his ability to pilot the bank’s continued success, together with our leadership team in Quebec.”