[By NBC-1TV H. J Yook]BMO Financial Group today announced the appointment of Robert Cormie as Regional Vice President & Managing Director, Private Banking Asia. Mr. Cormie will lead the growth of the bank's private banking business in the Asia-Pacific region. He will report to Alexandra (Alex) Dousmanis-Curtis, Senior Vice-President and Head, Private Banking Canada and Asia, and will have a regional reporting line into Albert Yu, CEO Asia, BMO Financial Group.

Mr. Cormie joins BMO from CIBC. He brings with him his full team of seasoned relationship managers who have a strong understanding of the private banking market and of the banking and investment management needs of high-net-worth individuals in the Asia-Pacific region.

“We are committed to growing our private banking business - both in North America and in Asia,” said Ms. Dousmanis-Curtis. “Current wealth creation trends in Asia bode well for our plans of creating a truly global service for wealthy individuals looking to manage their investments across Asia and North America. Bob and his team really know this market and have earned the trust and respect of a very sophisticated clientele.”