BMO Announces Retirement of Tayfun Tuzun, Names Rahul Nalgirkar CFO, BMO Financial Group
BMO Financial Group (NYSE:BMO) announced that Chief Financial Officer Tayfun Tuzun will retire in early 2026. The bank has appointed Rahul Nalgirkar as the new CFO, effective January 1, 2026. Nalgirkar, who joined BMO in 2022 as CFO of BMO U.S. and commercial banking operations, will first serve as Deputy CFO during a transition period.
Tuzun, who joined BMO in 2020, will continue serving on the board of directors of BMO Financial Corp., the bank's U.S. subsidiary. During his tenure, he oversaw the Bank of the West acquisition and integration, helping establish BMO as one of North America's largest banks. Nalgirkar brings extensive experience from previous roles at Fifth Third Bank, GE Capital, Citigroup, and CIT.
BMO Financial Group (NYSE:BMO) ha annunciato che il direttore finanziario Tayfun Tuzun si ritirerà all'inizio del 2026. La banca ha nominato Rahul Nalgirkar come nuovo CFO, con effetto dal 1° gennaio 2026. Nalgirkar, che è entrato in BMO nel 2022 come CFO delle operazioni BMO U.S. e banca commerciale, ricoprirà inizialmente il ruolo di Deputy CFO durante un periodo di transizione.
Tuzun, entrato in BMO nel 2020, continuerà a far parte del consiglio di amministrazione di BMO Financial Corp., la controllata statunitense della banca. Nel corso del suo mandato ha supervisionato l'acquisizione e l'integrazione di Bank of the West, contribuendo a posizionare BMO come una delle più grandi banche dell'America del Nord. Nalgirkar porta una vasta esperienza proveniente da ruoli precedenti in Fifth Third Bank, GE Capital, Citigroup e CIT.
El Grupo Financiero BMO (NYSE:BMO) anunció que el director financiero Tayfun Tuzun se retirará a principios de 2026. El banco ha designado a Rahul Nalgirkar como nuevo CFO, con efecto a partir del 1 de enero de 2026. Nalgirkar, quien se incorporó a BMO en 2022 como CFO de BMO U.S. y operaciones de banca comercial, ocupará inicialmente el cargo de CFO adjunto durante un periodo de transición.
Tuzun, quien se unió a BMO en 2020, continuará trabajando en la junta directiva de BMO Financial Corp., la filial estadounidense del banco. Durante su mandato, supervisó la adquisición e integración de Bank of the West, ayudando a convertir a BMO en uno de los bancos más grandes de Norteamérica. Nalgirkar aporta amplia experiencia de roles anteriores en Fifth Third Bank, GE Capital, Citigroup y CIT.
BMO 금융 그룹(NYSE:BMO)은 최고재무책임자(CFO) Tayfun Tuzun이 2026년 초에 은퇴할 것이라고 발표했다. 은행은 2026년 1월 1일부로 새 CFO로 Rahul Nalgirkar를 임명했다. 2022년 BMO 미국 및 상업은행 운영의 CFO로 합류한 Nalgirkar는 전환 기간 동안 우선 Deputy CFO로 재직한다.
2020년에 BMO에 합류한 Tuzun은 은행의 미국 자회사인 BMO Financial Corp. 이사회에서 계속 일할 예정이다. 그의 재임 기간 동안 Bank of the West 인수 및 통합을 감독해 북미 최대 은행 중 하나로 BMO를 자리매김하는 데 기여했다. Nalgirkar는 Fifth Third Bank, GE Capital, Citigroup 및 CIT에서의 이전 경력으로 폭넓은 경험을 갖추고 있다.
Le Groupe financier BMO (NYSE:BMO) a annoncé que le directeur financier Tayfun Tuzun prendra sa retraite au début de 2026. La banque a nommé Rahul Nalgirkar comme nouveau directeur financier, à compter du 1er janvier 2026. Nalgirkar, qui a rejoint BMO en 2022 comme CFO des activités BMO U.S. et de la banque commerciale, occupera d'abord le poste de Deputy CFO pendant une période de transition.
Tuzun, arrivé chez BMO en 2020, continuera à siéger au conseil d'administration de BMO Financial Corp., la filiale américaine de la banque. Pendant son mandat, il a supervisé l'acquisition et l'intégration de Bank of the West, aidant à établir BMO comme l'une des plus grandes banques d'Amérique du Nord. Nalgirkar apporte une vaste expérience de ses fonctions précédentes chez Fifth Third Bank, GE Capital, Citigroup et CIT.
Die BMO Financial Group (NYSE:BMO) gab bekannt, dass der Chief Financial Officer Tayfun Tuzun Anfang 2026 in den Ruhestand treten wird. Die Bank hat Rahul Nalgirkar zum neuen CFO ernannt, gültig ab dem 1. Januar 2026. Nalgirkar, der 2022 als CFO von BMO U.S. und dem kommerziellen Bankbetrieb zu BMO kam, wird in einer Übergangszeit zunächst als Deputy CFO tätig sein.
Tuzun, der 2020 zu BMO kam, wird weiterhin dem Vorstand der BMO Financial Corp., der US-Tochter der Bank, angehören. In seiner Amtszeit leitete er die Übernahme und Integration von Bank of the West, wodurch BMO zu einer der größten Banken Nordamerikas wurde. Nalgirkar bringt aus früheren Positionen bei Fifth Third Bank, GE Capital, Citigroup und CIT umfangreiche Erfahrungen mit.
أعلنت مجموعة BMO المالية (المدرجة في نيويورك تحت الرمز BMO) أن المدير المالي Tayfun Tuzun سيتقاعد في أوائل عام 2026. وقد عيّنت البنك Rahul Nalgirkar كمدير مالي جديد، اعتباراً من 1 يناير 2026. سينتقل Nalgirkar، الذي انضم إلى BMO في 2022 كـCFO لعمليات BMO الأمريكية والبنكية التجارية، في البداية ليشغل منصب نائب المدير المالي خلال فترة انتقالية.
أما Tuzun، الذي انضم إلى BMO في 2020، فسيظل عضوًا في مجلس إدارة BMO Financial Corp.، الذراع الأمريكية للبنك. خلال فترته أشرف على الاستحواذ على Bank of the West ودمجه، مما ساهم في ترسيخ BMO كواحدة من أكبر البنوك في أمريكا الشمالية. يجلب Nalgirkar خبرة واسعة من مناصب سابقة في Fifth Third Bank وGE Capital وCitigroup وCIT.
BMO金融集团（NYSE:BMO）宣布，首席财务官Tayfun Tuzun将于2026年初退休。银行已任命Rahul Nalgirkar为新任首席财务官，生效日期为2026年1月1日。Nalgirkar于2022年加入BMO，担任BMO美国及商业银行业务的CFO，在过渡期内将先担任副首席财务官。Tuzun于2020年加入BMO，将继续担任银行美国子公司BMO Financial Corp.的董事。任职期间，他监督了Bank of the West的收购与整合，帮助将BMO确立为北美最大的银行之一。Nalgirkar在之前任职于Fifth Third Bank、GE Capital、Citigroup和CIT等公司，具有广泛经验。
- Smooth leadership transition with overlap period ensures operational continuity
- New CFO brings extensive financial services experience from major institutions
- Retiring CFO maintains board position, providing continued strategic oversight
- Internal promotion demonstrates strong succession planning
- Loss of experienced CFO who oversaw major acquisition and integration
- Potential strategic shift with new CFO appointment may create uncertainty
Mr. Tuzun joined BMO in 2020 and has led the bank's enterprise and group-level finance teams, alongside treasury, corporate development, strategy, accounting, taxation, investor relations and financial performance management functions.
"Tayfun joined BMO during one of the most dynamic periods in our history, working with our leadership team to serve our clients, digitize and streamline operations, and acquire and integrate Bank of the West," said Darryl White, Chief Executive Officer, BMO Financial Group. "BMO has benefited from Tayfun's leadership and expertise, including his oversight of the effective management of capital, liquidity and funding as we established BMO as one of
Mr. Tuzun will retire from BMO in early 2026. Appointed to the board of directors of BMO's
Following a transition period as Deputy CFO, Rahul Nalgirkar will be appointed CFO, effective January 1, 2026, and join the bank's Executive Committee.
Mr. Nalgirkar joined BMO in 2022 as CFO of BMO
"Rahul is a dynamic, strategic, finance leader with a deep understanding of the financial services industry in
About BMO Financial Group
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of
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SOURCE BMO Financial Group
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