Andrew Moor, President and Chief Executive Officer of EQB Inc., the parent company of Equitable Bank, has died unexpectedly at the age of 65. The company confirmed his passing in a statement released on June 24, 2025.
Moor was the longest-serving bank CEO in Canada, having led the institution since March 2007. Under his leadership, Equitable Bank grew from a regional trust company with approximately CA$3–4 billion in assets into the country’s seventh-largest bank, with over CA$134 billion in assets and nearly 2,000 employees nationwide.
“Andrew’s death is a tragic loss,” said Vincenza Sera, Chair of the Board. “He was a visionary leader and a fierce advocate for change and innovation in banking… He will be missed.” Chief Risk Officer Marlene Lenarduzzi has been appointed interim CEO as part of the bank’s ongoing succession planning process.
Moor’s legacy includes launching EQ Bank, a fully digital banking platform, and expanding the institution’s portfolio into reverse mortgages, equipment financing, and wealth management through key acquisitions such as Concentra Bank and ACM Advisors. He was instrumental in establishing Equitable as “Canada’s Challenger Bank,” known for its technology-first approach and consumer-focused services.
Beyond the bank, Moor contributed significantly to the Canadian financial sector. He held leadership roles with the Canadian Bankers Association, the Business Council of Canada, and served on advisory boards, including Queen’s University’s Smith School of Business.
Andrew Moor guided Equitable Bank through pivotal moments, including the 2008 financial crisis, with vision and resilience. His commitment to modernizing the banking experience and supporting inclusive growth made a lasting impact on the industry.
Funeral and memorial service details have not yet been announced. The banking community continues to mourn his passing and honor the legacy of a transformative and respected leader.