BMO executive chief economist Sherry Cooper to retire effective Jan. 30

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TORONTO - Bank of Montreal (TSX:BMO) chief economist Sherry Cooper is retiring after a 30-year career at BMO Financial Group.

Cooper, an executive vice-president, plans to step down effective Jan. 30, the bank announced Monday.

"Sherry has built a reputation throughout North America for her straightforward, engaging style," president and CEO Bill Downe said.

"She brings clarity to the complexity of global economics and finance — insights that have been invaluable to BMO and its clients, providing consistently accurate forecasts and timely analysis."

In addition to her role at the bank, Cooper is a member of the economic advisory committee of the American Bankers Association. The 12-member group is regularly called upon by the U.S. Federal Reserve Board, the U.S. Congress and the administration to provide perspectives on the U.S. and global economies.

In 2010, she received the Lawrence Klein Award for U.S. forecasting accuracy, beating out a panel of 50 economists.

Organizations: BMO Financial Group, Bank of Montreal, TSX American Bankers Association U.S. Federal Reserve Board U.S. Congress

Geographic location: TORONTO, U.S., North America

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