Chan will be responsible for growing BMO’s private banking business in Asia and building partnerships within BMO across the private banking, capital markets and global asset management businesses.
She reports to Myra Cridland, senior vice president and head of BMO Private Banking for Canada and Asia, and also to Albert Yu, CEO Asia for BMO Financial Group.
Chan quit Edmond de Rothschild in May, where she was responsible for developing both the private banking and asset management businesses in the region.
During her 15-year career, she also worked with HSBC as CEO for its private banking operations in Hong Kong.
“Her knowledge of the wealth management business in Asia, combined with her client-centric approach and experience building high-performing teams, will be an asset to BMO’s private banking arm in the region,” said Cridland.
BMO is one of only three North American banks with a subsidiary bank in mainland China. It also has offices in Singapore and Hong Kong.
