{"id":709163,"date":"2026-06-02T03:18:09","date_gmt":"2026-06-02T03:18:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/709163\/"},"modified":"2026-06-02T03:18:09","modified_gmt":"2026-06-02T03:18:09","slug":"td-executive-jumps-to-bmo-to-head-canadian-business-banking","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/709163\/","title":{"rendered":"TD executive jumps to BMO to head Canadian business banking"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/WS4Q6VPOAZFL7LPHBW4JIHOIAA.JPG?auth=be93bbab83c3c2c9d68909c63261688be90ca66f1f7820e8f2119bdd4de4e309&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">The Bank of Montreal building in the Financial District of Toronto. The banks has hired Trevor van Arragon, a career Toronto-Dominion Bank executive, to fill a new role as head of Canadian business banking.Spencer Colby\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Bank of Montreal <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BMO-T\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/BMO-T\/\">BMO-T<\/a> has hired Trevor van Arragon, a career Toronto-Dominion Bank executive, to fill a new role as head of Canadian business banking. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Arragon starts June 8 and will report directly to group head of Canadian personal and business banking Mathew Mehrotra, according to a company memo reviewed by The Globe and Mail.<\/p>\n<p class=\"c-article-body__text text-pr-5\">In the newly created role, Mr. Arragon will lead the business banking team at BMO\u2019s Canadian headquarters, focusing on products, processes and digital technologies, among other responsibilities. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Arragon has been TD\u2019s head of merchant solutions since late 2021 and spent nearly 19 years at the bank, including stints in its business banking and small business divisions. <\/p>\n<p class=\"c-article-body__text text-pr-5\">BMO also promoted Justin Scully to head of Canadian business banking distribution, starting June 8. He will lead a national team devoted to bringing on new business customers and expanding the reach of BMO\u2019s products and services.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Scully has worked at BMO for 18 years and led BMO BrokerEdge, while overseeing the Greater Ontario and Atlantic region in personal banking. He will report to Mike Bonner, who leads distribution for Canadian personal and business banking at BMO. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThis structure will help us move with greater speed,\u201c Mr. Mehrotra told staff in the memo, and to \u201doperate more efficiently.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The Bank of Montreal building in the Financial District of Toronto. The banks&hellip;\n","protected":false},"author":2,"featured_media":709164,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[901,888,902,879,877,903,45,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-709163","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-business","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/709163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=709163"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/709163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/709164"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=709163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=709163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=709163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}