Thomson has over 30 years experience with BMO, latterly as vice president and regional director for the Greater Toronto Division of private banking. He is a former president of the Bedford Board of Trade.

In his new role Thomson will assume leadership of a team of 35 professionals who serve customers through the firm’s private banking offices in Halifax, Moncton and St John's.

The appointment follows news that the firm has established a private wealth group to target the high net worth and ultra high net worth. For families with at least C$10 million  in investable assets or C$25 million in net worth, the firm is looking at ways to integrate the services offered by the subsidiaries of parent BMO Financial Group.