The wealth management brand of the BMO business covers a range of specific business segments.

Last week, BMO Financial Group unveiled a number of changes, including naming its group head of the BMO Wealth Management arm.

Deland Kamanga, who has been appointed to the wealth management post, will lead the strategic direction of BMO Wealth Management, including Private Wealth Canada (BMO Nesbitt Burns and the Private Banking), US Wealth Management, BMO Global Asset Management, BMO InvestorLine and BMO Insurance. 

He will report to Darryl White, chief executive, BMO Financial Group.

Kamanga started his career with BMO Nesbitt Thomson in 1991. Since 2006 he has served clients and led teams throughout BMO Capital Markets, including structured products, and as head of fixed income, currencies and commodities.  

Among other roles, Kamanga serves on the BMO Capital Markets diversity, equity and inclusion committee and is an executive sponsor of Women in Capital Markets Return to Bay Street Program, BMO Black Professionals Network Canada, and BMO's Black and Latino Advisory Council. He was recently awarded the 2021 Catalyst Champion Award in recognition of his trailblazing work accelerating progress for all women through workplace inclusion.

Among other appointments, Sharon Haward-Laird, general counsel of BMO Financial Group, will be designated as the bank's executive committee sponsor for three areas of focus: sustainability, the BMO for Women program, and digital currency.

Dan Goldman and Levent Kahraman have been named as co-heads of global markets. They will oversee all aspects of BMO's leading market insights, risk management, best-in-class execution services and access to major markets across asset classes including debt, foreign exchange, interest rate, credit, equity, securitization, and commodities. Goldman and Kahraman report to Dan Barclay, chief executive officer and group head, BMO Capital Markets.

All appointments were effective from November 1.