In this episode of the Executives’ Exchange, we welcome Darrel Hackett, President and CEO of BMO Bank N.A. and Exec Club Board Member, and guest host, Andrea Sáenz, President and CEO of The Chicago Community Trust. Under Darrel’s leadership, BMO continues to soar nationally and in the Chicago area – where they remain the largest bank in our city. This episode was recorded in front of a live audience on September 19, 2024.
00:00 – Intro
01:45 – First Year as BMO U.S. President and CEO
02:30 – Background
05:08 – Comments on Bank of the West Acquisition
06:55 – Cultural Changes
09:10 – BMO Community Outreach and Giveback
13:13 – Approach and Vision
14:57 – Including Communities
17:00 – Programs for Removing Barriers to Homeownership
18:06 – Macroeconomic Issues
18:30 – Handling Economic Cycles
22:05 – Shifting Focus and Giving Advice Based on Market
23:28 – Outlook on U.S. Economy
25:36 – Helping Grow Chicago Economy
26:05 – Addressing Inequality within Homeownership
28:50 – Passion Behind Working at BMO
30:55 – Final Thoughts
Episode Link: BMO Bank
Guest Host: Andrea Sáenz, President and CEO, The Chicago Community Trust
Producer: Eva Penar, Chief Content & Communications Officer, The Executives’ Club of Chicago
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