Remembering Andrew Moor: A Visionary Leader in Canadian Banking

EQB Inc. is mourning the untimely passing of its President and CEO, Andrew Moor, a figure who has profoundly influenced the landscape of Canadian banking. His unexpected death on June 24, 2025, has left a significant void within the organization and the broader finance community.

Andrew Moor served EQB for over 18 years, taking the helm as CEO during pivotal times in both the company's and the country's financial stages. He was known for his forward-thinking approach, championing innovation in banking systems that connected with the needs of the everyday Canadian. His leadership philosophy not only focused on profitability but emphasized the importance of trust and integrity in banking.

A Legacy of Innovation

As the longest-serving bank CEO in Canada at the time of his passing, Moor transformed EQB into a leader in the digital banking space. Under his stewardship, EQB, also recognized as Canada's Challenger Bank™, grew substantially from a small organization to the seventh largest bank in Canada, with over $134 billion in assets. His commitment to driving change in the banking system helped EQB redefine customer interactions and expectations, notably through the launch of EQ Bank. Initiated in 2016, this award-winning digital platform provided Canadian customers with no-fee, high-interest savings options, setting new industry standards.

Moor was not only a banker but also a role model for many. His compassionate leadership style inspired countless employees and stakeholders alike. He understood that a bank's success was closely tied to its social responsibility, consistently advocating for community programs and charitable initiatives that EQB employees actively participated in.

The Path Ahead for EQB

Following Moor’s passing, Marlene Lenarduzzi, the company’s Chief Risk Officer, has been appointed as interim CEO. Her vast experience, spanning over 25 years in risk management and strategy development, positions her well to continue Moor's vision during this challenging transition. The Board of Directors has reassured stakeholders that a permanent succession plan is already advanced.

Vincenza Sera, Chair of the Board, expressed sorrow over Moor’s death, acknowledging the deep impact he had on the EQB team and the broader banking sector. She stated, “Andrew was a visionary leader and a fierce advocate for change and innovation in banking that benefits all Canadians. He instilled a culture at EQB that was both futuristic and committed to sound banking principles.”

Moor’s contributions helped identify and cultivate talent within the bank and created a robust organizational culture that prioritized collaboration, ethical practices, and high performance. His absence is expected to be felt throughout the entire EQB family.

EQB’s Commitment to Its Mission

In leading EQB, Moor solidified a purpose-driven mission: to enrich lives through transformative banking experiences. He laid a strong groundwork for the bank's future, ensuring it remains positioned as an innovator in the industry. With over 742,000 customers, EQB is well-poised to carry on this mission and continue building upon the legacy Andrew Moor has left behind.

As the organization honors his memory, stakeholders are reminded of the values he upheld and the progress made under his guidance. EQB remains dedicated to ethical practices and community engagement, reflective of his vision.

In conclusion, Andrew Moor’s life was characterized by an unwavering commitment to making banking accessible and beneficial for all Canadians. His legacy will undoubtedly influence EQB's path forward, inspiring future generations within the organization and the banking industry alike.