AI governance

BMO earns top global ranking for Responsible AI Leadership

Updated October 7, 2026 1 min read

Artificial intelligence is transforming how organizations innovate, serve clients and create value. As AI adoption accelerates, trust, transparency and accountability remain essential to scaling its impact responsibly. 

BMO earned top recognition for Responsible AI Leadership in the 2026 Evident AI Index, receiving the highest available scores for Responsible AI principles, executive engagement and the integration of Responsible AI into governance and strategy. The recognition highlights BMO’s leadership in building AI capabilities that are trusted, scalable and responsibly governed. 

BMO also ranked #2 among 50 global banks for reported AI use-case outcomes, reflecting the impact of AI initiatives across the bank. 

“Trust has always been at the core of how we serve our clients and run our business. At BMO, we continue to advance our AI capabilities with transparency, accountability and strong governance, because innovation and responsibility go hand in hand. Building on this foundation of trust enables our teams to scale AI confidently, responsibly and in ways that create real value for our clients and stakeholders."
Darryl White, CEO, BMO Financial Group

Responsible AI enables BMO to embed governance, accountability and risk management throughout the AI lifecycle, from design and development through deployment and monitoring. This approach helps ensure AI solutions are developed and applied in ways that benefit clients, employees and shareholders while maintaining strong oversight and human accountability.

“Organizations move faster when accountability is clear. Trust helps accelerate adoption, improve experiences for clients and employees, and create measurable business value. Bringing together research, talent and practical applications in one place helps us scale AI responsibly across BMO.”
Kristin Milchanowski, Chief AI and Quantum Officer and Director of the BMO Institute for Applied AI and Quantum

This recognition reflects BMO’s ongoing commitment to combining innovation with accountability and reinforces its leadership in the responsible adoption of AI across the financial services industry. 

Learn more about BMO’s Responsible AI approach.