Karen Maidment, Chief Financial and Administrative Officer of BMO Financial Group, has been chosen as Canada's CFO of the Year for 2006. Ms. Maidment will be honoured at a gala dinner on May 4 in Toronto.
Canada's CFO of the Year Award is presented annually by Financial Executives International Canada (FEI Canada) and PricewaterhouseCoopers LLP, in association with The Caldwell Partners International, to honour and recognize the quality, insight, direction and leadership of Canada's senior financial leaders. Candidates for the award were nominated in all business sectors by CEOs, members of boards of directors, financial analysts and other senior executives. This is the fourth year the award has been presented.
Ms. Maidment was named Canada's CFO of the Year by an independent committee composed of some of Canada's most prominent business leaders. The criteria by which nominees were judged centred around five key attributes: Vision and Leadership; Corporate Reporting and Performance; Social Responsibility; Innovation; and Global Competitiveness.
The committee made particular note of the impact that Ms. Maidment has had on the overall strategic direction of the organization, a contribution that is not always within the traditional role of the CFO.
Previous recipients of Canada's CFO of the Year Award include:
2005: Claude Mongeau, Executive Vice-President and Chief Financial
Officer of CN
2004: Peter Rubenovitch, Senior Executive Vice President and Chief Financial Officer of Manulife Financial Group
2003: Peter W. Currie, Executive Vice-President and Chief Financial Officer Nortel Networks Corporation. Formerly, Vice-Chairman and Chief Financial Officer of RBC Financial Group.
Media are invited to cover the May 4 award gala at The Fairmont Royal York in Toronto, but must register to attend. To indicate your attendance and arrange for interviews and camera space, please contact Carolyn Forest at 416-814-5730 or carolyn.forest@ca.pwc.com. Note the event begins at 6:00 p.m. EDT.
More information on Canada's CFO of the Year Award can be found at www.cfoy.ca.
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified North American financial services organization. With total assets of $306 billion as at January 31, 2006, and more than 33,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and solutions. BMO Financial Group serves clients across Canada through its Canadian retail arm, BMO Bank of Montreal, and through BMO Nesbitt Burns, one of Canada's leading full-service investment firms. In the United States, BMO serves clients through Chicago-based Harris, an integrated financial services organization that provides more than one million personal, business, corporate and institutional clients with banking, lending, investing, financial planning, trust administration, portfolio management, family office and wealth transfer services.
For a complete biography of Karen Maidment, click here.
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