A Bank of Montreal (BMO) sign is seen outside of a branch in Ottawa.© Chris Wattie / Reuters/Reuters
BMO Nesbitt Burns Inc. has named Bert Powell its new director of Canadian and U.K. research.
Mr. Powell joined BMO in 2000 as a software research analyst. In 2003, he began covering special situations and industrial stocks, narrowing his focus to industrial companies over time.
"Bert has a passion for research," the bank said in an internal memo last week announcing his new position.
"He comes to the role with interesting perspectives on how our clients use and value research and how we will continue to create a culture of excellence and innovation throughout the department," it added.
His predecessor, Aine O'Flynn, was recently promoted to co-head of global equity products and research. Ms. O'Flynn started at BMO in 1997 in equity research and then moved into equity sales in 2000. She became the director of Canadian and U.K. equity research in December, 2013.
She is based in Toronto. Alan Tannenbaum, who shares the title of co-head of global equity products and research with Ms. O'Flynn, is located in New York.