Winnipeg Free Press - PRINT EDITION

Top BMO executive in Winnipeg to move to Ontario

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THE Bank of Montreal's top executive in Manitoba is moving on up.John MacAulay, BMO's district vice-president for the last five years for Manitoba and Northwestern Ontario, has agreed to head up a larger division in Southern Ontario effective later this month. Instead of the 30 branches under his watch here, he'll have 65 to oversee in GTA West, an area encompassing communities such as Oakville, Burlington, Brampton, Etobicoke and Milton.

"It was a tough decision," MacAulay said. "The logical step for me from a career perspective is to go to a larger centre and my family is from Southern Ontario so the fit was natural. This has been the best five years of my entire career. The customers, the employees and the community is like nowhere else in Canada in my mind."

MacAulay will start commuting to Toronto in a couple of weeks -- he and his family haven't sold their River Heights home yet -- and his replacement, Rick Jaques, a 22-year BMO veteran, will move into his Portage and Main office Nov. 2. The announcement was made internally at the bank on Tuesday.

MacAulay's Winnipeg roots, however, run deep. He moved here when he was 18 and earned a pair of degrees, including an MBA, from the University of Manitoba. His grandfather, John A. MacAulay, was one of the founding partners of Aikins, MacAulay & Thorvaldson, the largest law firm in the province.

MacAulay said his family intends to return to their Lac du Bonnet cottage every summer.

geoff.kirbyson@freepress.mb.ca

Republished from the Winnipeg Free Press print edition October 14, 2009 B5

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