News Releases
Women in Capital Markets (WCM) announced today that BMO Nesbitt Burns has become the exclusive sponsor for its inaugural Career Coaching Award Program. This innovative new program will provide career coaching and development services to qualified senior women working in the capital markets in Canada.
“The reality we face in the capital markets industry is that we have difficulty retaining experienced women. In fact, the number of women in the executive ranks is declining,” said Maureen Stapleton, President, WCM. “Work/life balance issues as well as the potential lack of promotional opportunities may play a role. However, one-on-one support from a trained and experienced professional coach has been proven to help women plan their careers and equip them to compete for senior roles.
“That's why we created the WCM Career Coaching Award Program with BMO Nesbitt Burns and our coaching partner, Knightsbridge Human Capital Solutions to offer experienced women the opportunity to develop executive skills and enhance their likelihood for promotion,” added Stapleton.
This unique program is directed only to applicants with a minimum of 10 years experience and who have already achieved significant success in their careers. Candidates must be currently employed in the Canadian capital markets, which includes the issuing, buying, selling or trading of securities, currencies and derivatives. The program provides six months of free individual career coaching to five qualified senior women. Full eligibility requirements and more information can be found at: www.wcm.ca.
“It is clear we must make every effort to ensure that competent and talented women get a fair chance to reach the top rungs of the corporate ladder. Even in the most progressive organizations, the continual promotion of women must remain a priority. We know this can't be accomplished single-handedly – that's why this program is so important,” said Charyl Galpin, Chief Operating Officer, BMO Nesbitt Burns. “This unique award is especially important to BMO Nesbitt Burns – we are committed to being a leader in diversity and workplace equity and we firmly stand behind the advancement of women in the Canadian financial services industry.”
About Women in Capital Markets
Established in 1995, Women in Capital Markets (WCM) endeavours to advance the involvement and impact of women in capital markets. This volunteer organization, comprised of dedicated members, is a powerful force for change in the industry, in an ever-evolving business environment. Through innovative programming, WCM offers its members diverse and creative opportunities for networking, career growth and personal development, mentoring of both students and professionals, as well as participation in important initiatives such as the Heather L. Main Memorial Scholarship Fund.
About BMO Nesbitt Burns
BMO Nesbitt Burns is BMO Financial Group's full service investment advisory firm and is part of BMO's Private Client Group. The Private Client Group provides integrated wealth management services in Canada and the United States and had total assets under management and administration and term investments of $275 billion as at October 31, 2007.
About Knightsbridge Human Capital Solutions
Knightsbridge Human Capital Solutions is Canada's leading integrated human capital management consulting firm. From recruitment and selection, to building organizational and leadership capacity, to career management and career transition, Knightsbridge helps clients unleash the power and potential of their people at every stage in the employment cycle. Knightsbridge has 22 offices across Canada and the US including the major cities of Halifax, Montreal, Toronto, Calgary, Vancouver and Boston and serves clients outside of the country through strategic alliances with Penna plc in the United Kingdom, Lee Hecht Harrison in the U.S and Amrop Hever for its global search requirements.
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