Bloomberg News

Bank of Montreal Chief Economist Sherry Cooper to Retire

December 10, 2012

Bank of Montreal, the country’s fourth-largest bank by assets, said chief economist Sherry Cooper will retire from the bank in January after a 30-year career.

Cooper, a member of the 12-economist Economic Advisory Committee of the American Bankers Association, will retire Jan. 30, the Toronto-based bank said today in a statement.

“She brings clarity to the complexity of global economics and finance -- insights that have been invaluable to BMO and its clients,” Bank of Montreal (BMO) Chief Executive Officer William Downe said in the statement.

Cooper, who has a master’s degree and a doctorate in economics from the University of Pittsburgh, began her career with the U.S. Federal Reserve. She moved to Canada in 1983 and become chief economist of Burns Fry, which was later merged into BMO Capital Markets.

To contact the reporters on this story: Sean B. Pasternak in Toronto at; Katia Dmitrieva in Toronto at

To contact the editors responsible for this story: David Scanlan at; David Scheer at

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