Bank of Montreal hired a new bank analyst to replace John Reucassel, who is leaving the business.
Mr. Reucassel has been at the bank for 16 years, and covered everything from media to financial services to insurance and the banks. His tenure made him a well known and respected name on Bay Street.
To replace him, BMO is bringing on Sohrab Movahedi, who most recently served as the sector head for financials at Canada Pension Plan Investment Board. Before that he worked for Canadian Imperial Bank of Commerce in a number of management positions.