Derek Vernon

Vice President and Head, Enterprise Payments Modernization at BMO Financial Group

Derek is accountable for defining and executing on BMO’s payments modernization roadmap supporting Commercial and Retail business strategies across North America. He’s currently the Industry Chair of the Payments Canada Industry Delivery Steering Committee.

Previously, Derek led BMO’s North American Treasury Management team responsible for the design, development and execution of cash management capabilities supporting Commercial and Business Banking client segments.

Derek joined BMO in 1998 and has held increasingly senior leadership positions across the Bank. He holds a Specialized Honours BA in Economics and Business from York University and an MBA from the Richard Ivey School of Business.



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