BMO Names Casper as Next CEO of U.S. Unit as Furlong Retires

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Bank of Montreal, Canada’s fourth-largest lender by assets, named Dave Casper as the next chief executive officer of its U.S. retail bank, replacing Mark Furlong who is retiring.

Casper, 58, who currently oversees commercial banking in the U.S., takes over as head of Chicago-based BMO Harris Bank on June 1, the Toronto-based lender said Thursday in a statement. He’ll be in charge of the performance of Harris Bank and its units, and also oversee strategy for its commercial-banking business, the bank said.

Alexandra Dousmanis-Curtis, 58, head of retail banking in the U.S., will become group head of U.S. retail and business banking, according to the statement. Both will report to Frank Techar, Bank of Montreal’s chief operating officer.

Furlong, 58, joined Bank of Montreal as part of the firm’s July 2011 takeover of Wisconsin-based lender Marshall & Ilsley Corp., where he was CEO. Casper has been at Harris Bank since 1978, according to the statement.

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