Money master
Jorge L Ibarra
Age: 38
Title: U.S. Market President.
Name of Organization: BMO Harris Bank
As the U.S. retail banking market manager for the St. Charles market, Ibarra manages 12 retail branches with $1 billion of deposits and 89 full-time-equivalent employees. He has held this position since January 2020.
Ibarra started with BMO in January 2016, and during this time he successfully managed the Carpentersville Kennedy branch, the Joliet Main branch, and the US Headquarters branch at 111 W. Monroe St. in Chicago.
He has 19 years of progressively responsible experience in banking and has managed a wide array of branches. He also has experience in high-net-worth markets. During his career in banking, he has held roles as a universal banker, mortgage loan officer, business development officer, and as an in-store and traditional bank manager.
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Ibarra is the past chair for the Illinois Latino Alliance, a BMO employee resource group. Prior to becoming chair, he served on the national board for the alliance as the membership engagement officer. His efforts helped the alliance align its strategy and goals to that of the enterprise. He has also been a line-of-business sponsor for the Gary Comer summer intern program. In that role he helps mentor, guide and supervise college students from the Gary Comer Youth Center.
He was born and raised in the Little Village neighborhood in Chicago. He earned an associate’s degree from Joliet College. He resides in Plainfield, Illinois, with his wife Nadia and their three children. He enjoys playing basketball, watching and occasionally coaching his kids’ sports, and spending time with his family.
WORDS OF WISDOM“Always look for the positive in any situation, no matter what the challenge or obstacle. A positive mindset, determination and self-belief is key to future success.”