Bank of Montreal’s Downe Says Female Bank CEOs Are Inevitable

  • BMO and peers including women in CEO candidate pools: Downe
  • Women comprise 28% of big five Canadian banks top c-suite

A Bank of Montreal (BMO) branch.

Photographer: Ben Nelms/Bloomberg
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The head of Bank of Montreal says Canada’s biggest financial institutions are actively grooming women to become chief executive officers, ending centuries of male rule at the country’s top lenders.

“There are five large Canadian banks," CEO Bill Downe said in an interview. “I think it’s inevitable."