BMO Hires Joe Kostandoff From CIBC for Equities Leadership Role

Bank of Montreal hired Joe Kostandoff from Canadian Imperial Bank of Commerce to co-lead its equity capital markets division as long-time leader Peter Miller moves into a vice-chair role.

Kostandoff, who has spent more than two decades at CIBC and was most recently co-head of equity solutions and equity capital markets, is set to join Bank of Montreal in June, according to an internal memo seen by Bloomberg News. The memo was sent by Carrie Cook, global head of investment and corporate banking.