Karen Maidment was chief financial and administrative officer of BMO Financial Group from 2007 to 2009, and was responsible for all global finance operations, risk management, legal and compliance, tax, communications and mergers and acquisitions.
Prior to that time, Maidment had been senior executive vice president and chief financial officer, as well as executive vice president and chief financial officer of BMO from 2003 to 2007 and 2000 to 2003, respectively.
Before her career at BMO, Maidment held several executive positions with Clarica Life Insurance Company from 1988 to 2000, including chief financial officer. Additionally, Maidment is a past director of Harris Bank, BMO Nesbitt Burns, where she was also Chair of the Audit Committee, Bank of Montreal Pension Fund, Mutual Trustco, MCAP Financial and The Mutual Group (US). Maidment currently serves on the board of directors of TransAlta.
She holds a bachelor's degree of commerce from McMaster University and is a Chartered Accountant. In addition, she was named to Canada's Most Powerful Women Top 100 Lists from 2002-2007 and the Hall of Fame in 2007, as well as Fellow of the Institute of Chartered Accountants of Ontario in 2000.