BMO Private Bank has appointed Peter O'Connor managing director of BMO Private Bank in Hinsdale and Nate Wasson managing director of BMO Private Bank in Naperville.
Both will replace Katie Vander Zanden, who was recently appointed to the new position of Chief Administrative Officer, BMO Private Bank. Vander Zanden will assume overall responsibility for BMO Private Bank compliance, audit, initiatives management and administrative functions. She will also be primary lead on key strategic initiatives designed to improve the overall client experience.
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"Offering our clients guidance and an exceptional experience are key to the success of our business, and Nate and Peter share a passion for providing a client experience that is second to none," said Zach Lazar, president, Illinois & Florida, BMO Private Bank. "Adding an extra leadership position reflects our outlook for the prospects of growth in both marketplaces, and we intend to expand our customer base considerably in the coming years."
O'Connor has been a financial services professional for over 26 years. He has been with BMO since 2000, and his most recent role was that of senior private banker in Hinsdale. He is involved in the community, currently serving on the board of the Adventist La Grange Memorial Hospital Foundation, of which he is a past Chairman; as a governing board member of Adventist Midwest Health, overseeing the operations of Hinsdale Hospital, La Grange Hospital, GlenOaks Hospital and Bolingbrook Hospital; and serving on the annual event committee of the Irish American Partnership. He is also past co-chair of the fundraising committee for the West suburban Chamber of Commerce & Industry and he is a current village of La Grange Zoning Board Commissioner. He is a graduate of Wesleyan University in Middletown, Conn.
A member of the Executives' Club of Chicago, Wasson has over 14 years of experience in the financial services sector. He joined BMO in 2011, and his most recent role was that of vice president and regional manager for BMO Harris Financial Advisors Inc, Chicago Metro team, where he oversaw a team of 25 investment professionals. Nate is a graduate of Valparaiso University in Valparaiso, Ind.
Vander Zanden has over 33 years of financial service experience and has been with BMO since 1996. In her most recent role, she was responsible for private banking operations in both Hinsdale and Naperville. She has served on the Hinsdale Hospital Foundation Board since 2007, where she sits on the executive committee and the Finance Committee, as well as being the Head of Board Governance. She is a graduate of St. Catherine University in St. Paul, Minn.