Investing in the Future: BMO Hosts Inaugural Student Leadership Conference

Rhea-AI Summary

BMO Financial Group hosted its first Student Leadership Conference on July 9, 2021, aimed at developing early talent. Over 550 students were hired this summer, with 27% returning from previous placements. The 2021 intern class boasts 47% BIPOC representation in Canada and 48% in the U.S., alongside over 40% identifying as women. The event featured discussions with top executives, emphasizing BMO's commitment to career development and diversity. Looking ahead, BMO plans a North American campus tour for recruiting students for future placements.

Positive

• BMO hired over 550 students, 27% returning interns demonstrate retention and engagement.
• Diverse intern class: 47% BIPOC in Canada and 48% in the U.S., showcasing commitment to inclusion.
• Over 40% of interns identify as women, reflecting diversity in hiring.
• Two-thirds of past interns were offered full-time roles, indicating effective career development.

Negative

• None.

TORONTO, July 13, 2021 /PRNewswire/ - On July 9, BMO Financial Group hosted its inaugural Student Leadership Conference for returning co-op and intern students completing second or third summer work terms at BMO. The virtual Conference is part of BMO's commitment to early talent development and empowering students with the tools and skills to build their careers at BMO.

This summer, the bank has hired over 550 students across its business groups, with over a quarter (27 per cent) returning from previous summer placements with BMO. The bank's 2021 summer intern class includes 47 per cent BIPOC representation in Canada and 48 per cent BIPOC representation in the U.S. Additionally, over 40 per cent of students identify as women. 

"These diverse and talented individuals bring immense value to the bank and BMO is committed to investing in – and developing the skills of – our newest colleagues right from the beginning," said Mona Malone, Chief Human Resources Officer and Head of People & Culture, BMO Financial Group. "Through opportunities such as our Student Leadership Conference, we're introducing these future leaders into BMO's culture – which emphasizes developing leadership and future-focused skills. We are committed to career development that supports our Zero Barriers to Inclusion strategy."

The Student Leadership Conference hosted students from across the bank for: a virtual discussion with BMO's CEO Darryl White, participation from BMO's Chief Inclusion Officer Vanessa Lewerentz in a panel on diversity, equity and inclusion at the bank, a discussion on digital innovation with BMO's Chief Digital Officer Mat Mehrotra, and several networking and team building exercises – including a motivational session with former Toronto FC captain and 2011 Major League Soccer MVP Dwayne De Rosario.

Looking ahead, the BMO Student Recruitment Team will kick off a virtual North American campus tour in September as BMO recruits future team members for 2022 co-op, intern and new graduate placements. BMO's programming is designed to provide students with both learning and development opportunities, as well as social connectivity to enable them to feel enriched and engaged at the bank.

To build on the skills and experience students gain during their internships, BMO seeks to hire interns into full-time new graduate roles when opportunities arise. In 2020, over two-thirds of these roles were filled with past BMO student hires indicating high engagement and the bank's commitment to career development.

For further information on BMO's award-winning student program or to explore opportunities, visit: https://jobs.bmo.com/ca/en/students

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $950 billion as of April 30, 2021, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

Internet: www.bmo.com                                 Twitter: @BMOMedia

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SOURCE BMO Financial Group

FAQ

What was the purpose of the BMO Student Leadership Conference held on July 9, 2021?

The BMO Student Leadership Conference aimed to develop early talent and empower students with career-building skills.

How many students did BMO hire for the summer of 2021?

BMO hired over 550 students for the summer of 2021.

What percentage of BMO's 2021 intern class is BIPOC?

The 2021 intern class includes 47% BIPOC representation in Canada and 48% in the U.S.

What initiatives does BMO have for student recruitment in 2022?

BMO plans to kick off a virtual North American campus tour in September for 2022 co-op, intern, and new graduate placements.

What was a highlight of the Student Leadership Conference?

The conference featured discussions with BMO's CEO, Chief Inclusion Officer, and Chief Digital Officer, focusing on leadership and diversity.