BMO Financial Group has been named one of Canada’s Most Admired Corporate Cultures by Waterstone Human Capital for the third time.
The annual award, presented by executive search firm Waterstone Human Capital, honours Canadian organizations that demonstrate strong corporate cultures contributing to enhanced performance and competitive advantage. Companies are evaluated on 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,” said 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.”
BMO has received several other recognitions this year. It was named one of 2024’s World’s Most Ethical Companies for the seventh consecutive year by Ethisphere, a global leader in defining and advancing ethical business practices. World Finance Magazine awarded BMO as 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. Additionally, BMO received the 2024 Celent Model Bank award for its integration of Bank of the West, the largest-ever acquisition by a Canadian bank, which expanded BMO’s footprint in key U.S. markets.
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, BMO provides a 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 global markets.
Waterstone Human Capital, founded in 2003, provides retained executive search services and leadership and culture advisory services, including culture measurement, leadership assessment, and leadership development. The firm’s Canada’s Most Admired Corporate Cultures program celebrates organizations that have demonstrated a commitment to corporate culture as a competitive advantage.
