TORONTO, Aug. 2, 2022 /CNW/ – HomeEquity Bank, provider of the CHIP Reverse Mortgage, announced today that it has a new Board of Directors. Appointment of the new Board, formed of eight members, and chaired by Dan Jauernig, Corporate Director and President & CIO of NCM Capital Inc., follows the completion of HomeEquity Bank’s acquisition by Ontario Teachers’ Pension Plan in July of this year.
“We are excited to welcome a talented and diverse new Board of Directors, who will help drive HomeEquity Bank forward as we challenge stereotypes about the product category and maintain and grow our market leadership,” said Steven Ranson, HomeEquity Bank President and Chief Executive Officer. “The appointment of the new Board is the next step in our extraordinary growth trajectory, as the importance of our financial solution in helping Canadian…