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Amanda Lang Interviews BMO CEO Bill Downe. (December 2016)Bank of Montreal's Bill Downe announced Friday that he is stepping down at the end of October, marking a final changing of the guard from that era. William Arthur Downe CM (born ) is a Canadian banker who was chief executive officer of Bank of Montreal from March 1, , to October 31, Bill. BMO Financial Group Chief Executive Bill Downe will retire this fall after a decade of leading one of Canada's largest banks, to be replaced by operating chief.