All change at BMO 05 March 2012Toronto Reporter: Ben Wilkie
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BMO Markets' Financial Products Group is combining the Prime Brokerage and Equity Finance businesses into a single unit, Global Prime Finance, headed by Tony Venditti.
Venditti will replace Andrew Papierz who is retiring from the business effective March 30th after 12 years with BMO and more than 30 years in the industry.
Venditti joined BMO Capital Markets in 2009 in conjunction with the Bank’s acquisition of Paloma Securities. With this appointment, he expands beyond his current equity finance mandate to become head of Global Prime Finance. Bringing these two groups together leverages existing synergies, further strengthening the range of services we offer to clients and solidifying our global product offering.
Venditti will report jointly to Jeff Poulsen, head of trading, and Chris Taves, head of structured finance.
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