There is yet another new member of the family at BMO Global Assset management.

Less than a month after the firm named a head of fixed income, BMO hired Don Borschel as director of National Accounts.

In his new role, Borschel will join the Intermediary Distribution team, responsible for distribution of BMO Global Asset Management investment strategies and BMO Funds to the bank channel as well as various broker dealer platforms.

With more than 26 years of experience in the financial services industry, Borschel most recently worked at Nationwide Financial for 14 years, where he reached the rank of vice president and senior relationship manager. Before that, he had worked for a decade at Citicorp Investment Services, where he reached the level of senior vice president - regional sales director.

He will be based in Chicago and report to Mike Robinson, Head of Intermediary Distribution.

On a different note, BMO also hired Jeff Cole to the role of relationship coordinator for BMO Taft Hartley Services in that arm's Las Vegas headquarters.

Here is the press release:

Company Press Release
BMO Global Asset Management Adds New Director of National Accounts, Appoints New Las Vegas Relationship Coordinator

CHICAGO, ILLINOIS--(Marketwired - May 17, 2013) - BMO Global Asset Management today announced the appointment of Don Borschel to Director of National Accounts and Jeff Cole to Relationship Coordinator for BMO Taft Hartley Services in the Las Vegas headquarters.

In his new role, Borschel will join the Intermediary Distribution team, responsible for distribution of BMO Global Asset Management investment strategies and BMO Funds to the bank channel as well as various broker dealer platforms. With more than 26 years of experience in the financial services industry, Borschel holds a Bachelor of Science in Finance from Eastern Illinois University and a Masters of Business Administration from Loyola University in Chicago. He will be based in Chicago and report to Mike Robinson, Head of Intermediary Distribution.

As part of the original team that established BMO's Taft-Hartley Services business line in 2002, Cole rejoins the team in his role as Relationship Coordinator with more than 25 years of experience in financial services, specializing in Taft-Hartley with an emphasis on employer contribution processing and commercial banking/treasury management services. He previously worked within the company as the Custody Officer for Custody Services of Nevada, supporting Portfolio Services and Servicing Corporation. Based in Las Vegas, Cole will report to Kristy Perez, Managing Director, BMO Taft-Hartley Services.

BMO Taft-Hartley Services provides recordkeeping, custody, securities lending and other financial services for both single and multi-employer benefit plans, as well as unions and other labor related entities.

"Each new addition to our team brings fresh perspectives, enhanced expertise and strong leadership that ultimately guides our business to even greater success," said Phil Enochs, Managing Director and Head of Relationship Management at BMO Global Asset Management. "Don and Jeff's extensive backgrounds in the financial services industry will not only strengthen our internal resources but greatly benefit the overall client experience within BMO Global Asset Management."

Enochs added that BMO Global Asset Management continues to seek experienced professionals to expand and enhance its Retirement Services teams.

For more information, please visit http://www.bmogamus.com.

About BMO Global Asset Management

BMO Global Asset Management is a global investment manager with more than $125 billion in assets under management as of January 31, 2013, including discretionary and non-discretionary assets under management.

Our two multi-disciplined teams are based in Toronto and Chicago, and our network of world-class boutique managers is strategically located across the globe. They include Monegy, Inc., Pyrford International Ltd., Lloyd George Management and Taplin, Canida & Habacht, LLC. BMO Global Asset Management delivers service excellence from offices throughout North America, and in London, Abu Dhabi, Mumbai, Beijing, Shanghai and Hong Kong. Our approach has led us to be recognized by Pension & Investments as one of the world's largest 100 asset managers based on combined assets under management as of December 31, 2011.

We are a part of BMO Financial Group (NYSE:BMO), a fully diversified financial services organization with $542 billion total assets and more than 46,000 employees as of January 31, 2013.

BMO Taft Hartley Services is a part of BMO Global Asset Management and a division of the BMO Harris Bank N.A., offering products and services through various affiliates of BMO Financial Group.

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide trust, custody, securities lending, investment management, and retirement plan services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group is a service mark of Bank of Montreal (BMO).

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