- Award recognizes best-in-class Canadian organizations for
having cultures that help enhance performance and sustain a
competitive advantage.
TORONTO, Nov. 21,
2024 /CNW/ - For the third time, BMO has been named
one of Canada's Most Admired
Corporate Cultures™ by Waterstone Human Capital, a leading
executive search firm specializing in recruitment and talent
management.
This award recognizes best-in-class Canadian organizations for
having cultures that help them enhance performance and sustain a
competitive advantage. It is presented annually to companies that:
demonstrate exemplary performance in vision and leadership;
recruitment and hiring for fit; cultural alignment and measurement;
retention; rewards and recognition; organizational performance; and
corporate social responsibility.
"BMO's Winning Culture empowers our employees to deliver
the leading customer experience that helps our clients and
communities make progress every day," said Darryl White, CEO of BMO Financial Group. "Team
BMO is proud to have our culture recognized as one of the Most
Admired Corporate Cultures in Canada, which is a testament to our focus on
living our Purpose, to Boldly Grow the Good in business and
life."
"These awards recognize the very best in corporate culture –
those leaders and organizations that have built and nurtured
performance-driven cultures and that are at the forefront of
culture best practices," says Marty
Parker, President and CEO of Waterstone Human Capital and
Chair of the Canada's Most
Admired™ program. "This year's winners actively craft
high-performance cultures and serve as an inspiration for others
who want to do the same."
"On behalf of Waterstone Human Capital and our partners,
congratulations to the 2024 award winners," says Parker. "We look
forward to celebrating their success and the impact culture is
having on their growth and performance."
Guided by its Purpose, BMO's Winning Culture continues to
deliver strong and in many cases peer-leading performance, and
industry observers have taken notice:
- BMO was recognized as one of 2024's World's Most Ethical
Companies for the seventh consecutive year by Ethisphere, a global
leader in defining and advancing the standards of ethical business
practices.
- World Finance Magazine named BMO Best Commercial Bank in
Canada for the ninth year, Best
Retail Bank in Canada for the
second consecutive year, and Best Private Bank in Canada for the 13th consecutive year.
- BMO was awarded the 2024 Celent Model Bank award for its
seamless completion of the integration of Bank of the West. The
largest-ever acquisition by a Canadian bank significantly expanded
BMO's footprint in key U.S. markets, making BMO the eighth largest
bank in North America and one of
the continent's top four commercial lenders.
To learn more about BMO's Winning Culture please visit
BMO Life | Our Culture
For more information, please visit waterstonehc.com or
canadasmostadmired.com
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North
America by assets, with total assets of $1.4 trillion as of July
31, 2024. Serving customers for 200 years and counting, BMO is a
diverse team of highly engaged employees providing a broad range of
personal and commercial banking, wealth management, global markets
and investment banking products and services to 13 million
customers across Canada, the United States, and in select
markets globally. Driven by a single purpose, to Boldly Grow the
Good in business and life, BMO is committed to driving
positive change in the world, and making progress for a thriving
economy, sustainable future, and inclusive society.
About Waterstone Human Capital
Better leaders, better cultures, better results. It's no
surprise Waterstone's promise has culture right in the middle — the
same place where culture sits in every high-performance
organization, including ours. Since 2003, we've been providing
retained executive search services and leadership and culture
advisory services like culture measurement, leadership assessment
and leadership, team and culture development to organizations
across Canada and the U.S. Over
that time, we've been champions and enablers of high-performance
leadership and cultures. We built a thriving learning community and
ecosystem around it. We share its best practices at summits, in
books, and through programs like the Canada's Most Admired Corporate Cultures,
CEOs, and Chief People and Culture Officer (CPCO) Awards. And most
important of all, we see its impact in our clients' cultures and
results every day.
For more information, please visit waterstonehc.com or
canadasmostadmired.com
SOURCE BMO Financial Group