BMO Bank of Montreal names Rob Serraglio as Senior Vice-President, BC Division

    District Vice Presidents appointed for Vancouver Centre, Vancouver
    Suburban and Vancouver Island

    Highlights of BMO Bank of Montreal in BC:

    -  Renewed focus on growing our retail banking business with investments
       in new branches, renovations and rebranding estimated at $65 million
       since 2005.

    -  New branches opened in Langley, Richmond, Mission, Vancouver's
       Yaletown, and Sardis over the past three years.

    -  Commercial business an area of strength; mid-market share increased
       over 4 per cent since 2004 and moving closer to being the market

    -  BMO's Gold Mosaik MasterCard offers an exclusive 20 per cent discount
       on all flights offered by AIR MILES.

    VANCOUVER, June 25 /CNW/ - BMO Bank of Montreal continues its focus on
customer service with its recent announcement of executive appointments in
British Columbia.
    Rob Serraglio is named Senior Vice-President, BC Division, responsible
for the performance of over 3,000 financial professionals who serve customers
through BMO's network of 143 branches in BC and the Yukon.
    Reporting to Rob Serraglio are three newly appointed executives in BC.
Joanne Gassman is appointed Vice-President, Retail Banking, Vancouver Suburban
District. She was previously Vice-President, Vancouver Island. Michael Suzuki
assumes the position of Vice-President, Retail and Commercial Banking,
Vancouver Island. He was promoted from his role as Commercial Banking Area
Manager, Vancouver Island District. Jennifer Muench is promoted to
Vice-President, Retail Banking, Vancouver Centre District. She was previously
Personal Banking Area Manager for downtown Vancouver.
    Mr. Serraglio has a deep knowledge and extensive experience in personal
and commercial banking having worked over 33 years at BMO, including the last
11 in executive positions. Prior to his appointment, he was Vice-President,
Retail Banking for the Greater Vancouver District.
    "Throughout his career with BMO, Rob has led his teams to superior
performance while demonstrating a constant commitment to customer service,"
said Frank Techar, President and Chief Executive Officer, BMO Bank of
Montreal. "His ability to inspire his staff will serve us well with new and
current customers," added Mr. Techar.
    "I look forward to putting the customer first and developing BMO's
presence and business in BC", said Mr. Serraglio who has been active in the
community through participation on hospital foundation boards and coaching
minor hockey. "Given the variety and complexity of financial products and
services and the current turbulence in world markets, my colleagues and I at
BMO are focused on providing clarity and easy to understand financial
solutions for our customers that will enable them to grow their assets or
businesses and realize their dreams."
    Richard Rudderham, Senior Vice-President for BC Division over the past
four years, has been appointed Senior Vice-President for BMO Financial Group's
Institute for Learning in Toronto. Mr. Rudderham is responsible for developing
and delivering BMO's overall learning strategy aligned with the bank's
business objectives for its 37,000 employees.

For further information:

For further information: Media Contact: Laurie Grant, (604) 665-7596,, Internet:

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