Director Profile

Charyl Galpin FICB ICD.D

Executive Vice President and Managing Director, Chief Regulatory Officer, BMO Wealth Management BMO Financial Group

Board Value Proposition: 

A seasoned financial services executive recognized for strong strategic, leadership, and operational capabilities, and for ability to influence and execute large-scale change, inspire followership, excel under pressure, and for an outstanding commitment to advancing women in and outside of the workplace. Also known as a collaborator who can build consensus in challenging circumstances, including turnarounds, and for deep risk management experience in a heavily regulated securities environment.

Visionary Leader and Change Agent

  • Developed and implemented significant organizational restructurings. Most recently spearheaded a new operating model and structure at BMO Nesbitt Burns.
  • Challenged and eliminated the “traditional patriarchal” way of working, replacing it with a model based on sound understanding of industry trends, client experience, and needs, representing the most significant large-scale change at Nesbitt Burns in over 15 years.
  • Net result has been a significant change in client loyalty metrics, with Nesbitt Burns moving from worst to first in Canadian loyalty rankings between 2012 and 2013, measured by Ipsos Reid, and being named Best Full Service Investment Advisory Canada 2014 and 2015 by Global Banking and Finance Review.

Financial Performance

  • Made significant contributions to the financial success and profitability of BMO Nesbitt Burns.
  • Championed a disciplined approach to expense management which, combined with strong revenue growth, led to net income growth of 30% in Fiscal 2013.
  • Strong 13% increase in fee-based revenue, making PCD the fastest growing in this key industry driver among the bank owned brokerage firms.

Strong Collaborator

  • During 30 years of not-for-profit board work and leadership, have led positive change for board relations and guided boards through very difficult change, including significant leadership and governance change, which resulted in a more positive impact on the communities they served. 

Industry Experience: 

  • Diversified Financials
  • Asset Management & Custody Banks
  • Investment Banking & Brokerage
  • Other Diversified Financial Services

International Experience: 

  • United States

Board Experience:

Corporate Boards:

BMO Life Assurance 2015 to Present
BMO Life Insurance 2014 to Present
BMO Nesbitt Burns Inc. 2011 to Present
BMO InvestorLine 2010 to 2016
BMO Trust Company 2009 to 2016
Nesbitt Burns Financial Services Inc. 2007 to Present

Additional Boards:

Children’s Aid Foundation 2015 to Present
Investment Committee
Trinity College School Foundation 2015 to Present
Lakeridge Health Foundation 2009 to Present
Governance Committee
Oshawa Hospital Foundation 2009 to 2012
Human Resources Committee
Governance Committee
Lakeridge Health Corporation 2010 to 2015
Resources Committee
Governance Committee
Trinity College School 2003 to 2009


BMO Financial Group 1979 to Present
Executive Vice President and Managing Director, Chief Regulatory Officer, BMO Wealth Management
Executive Vice President and Managing Director, Head Private Client Division, BMO Nesbitt Burns
Executive Vice President and Managing Director, Co-Head Private Client Division, BMO Nesbitt Burns
Senior Vice President and Managing Director, Chief Operating Officer, BMO Nesbitt Burns, Private Client Division
Vice President, Head of Operations, Private Client Group
Vice-President and Managing Director, Chief Administration Officer, BMO Nesbitt Burns Private Client Division
Other roles included: Credit Administration, Registered Plans, Mutual Funds, Banking Services, Corporate and Government Banking


Advanced Management Program, Harvard Business School, 2012
Advanced Series “Get On Board” Director’s Program, 2010
BMO Advanced Leadership Program, 2009
ICD.D, Institute of Corporate Directors, 2007
Marketing Management Program, Richard Ivey School of Business, 2002
International Banking Summer School, California, 2001
Securities Industry Institute, Wharton School of Business, 1998