CHICAGO, Aug. 23, 2012 /PRNewswire/ -- BMO Financial Corp. announced today the appointment of Adela Cepeda, President of A.C. Advisory, Inc., to the BMO Financial Corp. Board of Directors. BMO Financial Corp. is the U.S. holding company for BMO Harris Bank N.A., and the Board of Directors provides governance and oversight for the bank as well as BMO Capital Markets and BMO Private Bank.
"Adela is a key addition to our Board and will help shape our efforts in ensuring the success of the bank, our customers and local economies," said Frank Clark, Chairman of the Board, BMO Financial Corp., and former Chairman and CEO of ComEd. "She brings a strong combination of financial expertise, advisory acumen and passion for community service, all important attributes in today's complex and changing marketplace."
Cepeda founded A.C. Advisory, Inc., a full service, independent minority and woman owned financial advisory firm, ranked in the top ten nationally. The firm has assisted governments in raising over $100 billion in capital market financings since inception in 1995. Cepeda also serves on the boards of various mutual funds.
In previous roles, Cepeda has served as Managing Director and Co-founder of Abacus Financial Group, Inc., and as Vice President for the Corporate Finance Department at Smith Barney, Harris Upham & Co. Inc. She also served on the audit committee of Wyndham International, Inc. Cepeda served on the executive committee of the Chicago Community Trust and the board of the Public Building Commission. She currently serves on the boards of Windows to the World Communications, Inc., Ravinia Festival Association and the Girl Scouts of Greater Chicago and Northwest Indiana.
She received a Bachelor of Arts in Economics from Harvard College, graduating Cum Laude, and later earned her MBA from the University of Chicago School of Business.
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $525 billion as at April 30, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
SOURCE BMO Financial Corp.