Aug. 20 at 8:11 PM
Bank of Montreal will restructure its international Capital Markets division under unified leadership, with Asia head Chris Taves planning to retire in early 2027.
Richard Couzens, currently BMO’s head of Europe, Middle East and Africa, will become head of International Capital Markets effective Nov. 1, Reuters reported. The move will bring the bank’s international Capital Markets operations under a single leadership structure.
Taves will step down Jan. 31, 2027, after joining BMO in 2009 and becoming head of Asia Capital Markets in January 2024. During the first quarter of 2027, he will work alongside Couzens to support the Asia team, together with Glenn Anson, head of Asia for global markets, and Lisa Xia, head of China.
The restructuring comes as Canadian banks expand their international Capital Markets businesses to diversify revenue amid ongoing U.S.-Canada trade tensions.
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