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Thomas Milroy, left, and Eric Tripp are photographed at the intersection of King and Bay Streets in Toronto, Ontario, Wednesday, September 3, 2014.
Thomas Milroy, left, and Eric Tripp are photographed at the intersection of King and Bay Streets in Toronto, Ontario, Wednesday, September 3, 2014.
(Kevin Van Paassen For The Globe and Mail)

Changing of the guard at BMO

The architects of Bank of Montreal’s expansion in the securities business after the financial crisis are retiring.

Tom Milroy, who spent 21 years at the bank, is resigning as chief executive officer of BMO’s capital markets business. Eric Tripp, who was at the bank 31 years, is leaving his job as president.