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Carl Barrafato

Director of Career Services, ITT Systems
Greater Richmond Region,United States
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Carl Barrafato's Overview

Total Experience20 years
CompanyITT Systems
CountryUnited States

Carl Barrafato is a highly accomplished and seasoned technology executive with approximately 30 years of extensive experience, prominently known for his long and impactful tenure at BMO Financial Group. He most recently served as the Group Head, Technology and Operations at BMO, a role he held until his retirement in early 2023. In this capacity, Carl was responsible for the strategic direction and execution of BMO's global technology infrastructure, information security, data governance, and operations. He played a pivotal role in driving BMO's digital transformation, modernizing its core banking systems, enhancing cybersecurity measures, and fostering innovation across the organization. His leadership focused on leveraging technology to improve customer experiences, optimize operational efficiency, and ensure BMO remained at the forefront of the evolving financial services landscape. Carl is recognized for his strategic thinking, ability to lead large-scale complex projects, and his commitment to building high-performing teams.

Professional Summary

Carl Barrafato's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

ITT Systems - Director of Career Services (2014 to Present)
South University - Assistant Director of Admissions (2011 to 2014)
Boy Scouts of America, Richmond VA - Career Exploring Division Executive (2009 to 2011)
Long & Foster Companies - Sales Associate (2005 to 2009)

Notable Achievements

Group Head, Technology and Operations at BMO Financial Group

Led the strategic direction and operational execution for all technology functions, cybersecurity, data management, and bank operations globally. Oversaw a significant budget and a large team, driving modernization and efficiency across the enterprise.

Spearheaded BMO's Digital Transformation

Played a key leadership role in BMO's multi-year digital transformation journey, focusing on modernizing core platforms, adopting cloud technologies, implementing agile methodologies, and enhancing customer-facing digital channels.

Strengthened Cybersecurity and Resilience

Championed robust cybersecurity strategies and initiatives to protect BMO's assets and customer data against evolving cyber threats, significantly enhancing the bank's security posture and operational resilience.

Drove Innovation and Efficiency

Fostered a culture of innovation within BMO's technology and operations divisions, leading to the adoption of new technologies like AI and automation to improve efficiency, reduce costs, and enhance service delivery.

Long-standing Executive Leadership

Held various senior executive roles at BMO over more than a decade, including Chief Information Officer (CIO) and Chief Technology Officer (CTO), demonstrating consistent leadership and contribution to the bank's technological advancement.

Educational Background

Master’s Degree, Educational Leadership and Administration, General

Argosy University - Year 2013

High School

Benedictine High school - Year 1985

Bachelor's degree, Human Services, General

Virginia Commonwealth University

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

ITT Systems
Total employees10600
HeadquartersStamford
Founded1920

ITT Systems (representing the broader activities of ITT Inc.) is a global diversified manufacturer of highly engineered critical components and customized technology solutions. They serve customers in the transportation, industrial, and energy markets, focusing on providing solutions that are essential to their operations and are known for innovation in areas like brake technologies, interconnects, pumps, and valves.

ITT Systems Stock Information
ITT Systems, Inc. is listed on the New York Stock Exchange under the ticker symbol ITT. The company went public on October 31, 2011

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