EQB Inc. Mourns Andrew Moor: Visionary Leader and Transformative CEO
- EQB Inc. mourns the loss of Andrew Moor, its transformative President and CEO, who passed away unexpectedly at 65.
- Under Moor's leadership, EQB grew from a regional trust company to Canada's seventh-largest bank, managing $134 billion in assets.
- The Board has a succession plan in place, with Marlene Lenarduzzi serving as interim CEO to ensure continuity.
Remembering Andrew Moor: A Visionary Leader in Canadian Banking
EQB Inc. faces a profound loss with the passing of Andrew Moor, its President and CEO, who died unexpectedly on June 24, 2025, at 65. Moor, recognized as Canada's longest-serving bank CEO, played a transformative role in the company's evolution from a regional trust company with $4.4 billion in assets in 2007 to Canada's seventh-largest bank, managing $134 billion by his departure. His leadership was characterized by a commitment to innovation and customer-centric services, earning EQB the title of Canada's Challenger Bank™. Under his stewardship, the bank expanded its clientele to over 742,000 customers, solidifying its position in markets such as single-family and reverse mortgages.
Moor's tenure was marked by a strategic focus on leveraging technology to enhance customer experience. He fostered a culture of innovation and community engagement, which resonated with both employees and customers. The bank's success is evident as it has been recognized on the Forbes World's Best Banks list since 2021, underscoring its commitment to delivering exceptional banking experiences. The Board of Directors has expressed confidence in EQB’s talented team to carry forward Moor's legacy and continue the strategic initiatives he championed, ensuring the bank remains at the forefront of the Canadian banking landscape.
In the wake of Moor's passing, Marlene Lenarduzzi, the Chief Risk Officer, steps in as interim CEO to maintain operational continuity. The Board had prepared for this transition by developing a succession plan over the past two years, indicating that a permanent successor will be announced shortly. The organization is dedicated to honoring Moor's vision while navigating this transitional period, demonstrating resilience and determination to maintain its trajectory of growth and innovation.
In a statement, EQB extended heartfelt condolences to Moor's family, recognizing not only his professional achievements but also his role as a devoted husband and father. Industry peers, including financier Alex Haditaghi, mourn his loss, praising Moor as one of the most innovative and principled leaders in Canadian banking. His influence on the banking community and commitment to social causes will be remembered as an integral part of his legacy.