Moor, the longest-serving financial institution CEO in Canada, died immediately on the age of 65 final weekend. He’s being remembered by colleagues and pals for his management, mentorship and unwavering friendship.
The Sussex, England native joined what was then referred to as Equitable Belief as CEO in 2007, solely months earlier than the beginning of a worldwide monetary disaster that may topple many monetary business rivals.
Moor, nevertheless, seen the turmoil as a chance to fill within the gaps left by these overseas establishments that retreated from the Canadian market.
“We’ve got been impacted by the worldwide credit score disaster and have seen the exit of a number of various lenders from the mortgage lending market,” the then-Chair of the Canadian Affiliation of Accredited Mortgage Professionals (CAAMP)—now Mortgage Professionals Canada—wrote in a 2007 column revealed in Mortgage Journal.
“This implies much less selection for each mortgage professionals and for debtors.”
A gentle hand by way of disaster
As overseas lenders left the nation, Moor labored tirelessly to fill the void, growing new lending merchandise for the self-employed, these with distinctive credit score profiles, and people searching for a reverse mortgage — finally rising as a nationwide chief in every class.
“After we had been searching for board members and potential chairs for CAAMP/MPC, Andrew stood as an enormous in our business,” remembers Highclere Capital co-founder and president Paul Grewal, who first encountered Moor as president and CEO of Invis.
Grewal says Moor “helped rework the brokerage to a big group” throughout his tenure, from 2000 till Invis was offered to HSBC in 2006.
“He was in the midst of transitioning to Equitable however made sure that the main focus of the board at MPC, whereas he served as chair, was on a governance mannequin versus an operational mannequin,” Grewal says. “He was a visionary who knew the Canadian monetary companies market required a transformative digital financial institution to compete in opposition to the established banking sector, and labored with mortgage brokers who had been a vital distribution channel.”
As each the top of one of many nation’s solely various lenders on the time, and because the chair of the nationwide mortgage dealer affiliation, Moor was seemed to for steerage and management within the business’s darkest days.
Now, days after his passing, colleagues and pals recall how he rose to the event.
“As chair of CAAMP, Andrew introduced readability of objective, integrity, and a collaborative spirit that helped form our strategic route and strengthen the dealer group,” says MPC president and CEO Lauren van den Berg. “He was a visionary chief, a tireless innovator, and a real champion of Canada’s mortgage and banking business.”
“We’re deeply saddened by the passing of a real business big and former MPC chair,” provides present MPC board chair Barbara Prepare dinner, who says she’s going to always remember the kindness Moor prolonged as she started her time period in his former function. “We’re ceaselessly grateful for the various methods he gave again and impressed others.”
When Moor took over operations at Equitable, the corporate had 100 staff and a market capitalization of $400 million. Below his management, it grew right into a $4-billion enterprise with 2,000 staff, 700,000 clients and $127 billion in mixed belongings underneath administration.
“He led with objective, integrity and coronary heart, and was a supply of confidence and inspiration to those that had the privilege to work alongside him,” mentioned the financial institution’s vp of residential credit score, Michael Wolfe. “The human facet of management was core to his imaginative and prescient—nurturing expertise, encouraging innovation, and creating an surroundings the place everybody felt empowered to contribute.”
A voice for brokers and innovation
Wolfe says Moor was a “cherished pal, mentor, colleague” and a “visionary chief” who all the time put the wants and aspirations of consumers, brokers and companions on the core of each determination.
“His tireless pursuit of innovation reshaped banking in Canada and set a brand new customary
of excellence,” he provides. “His passing is an immeasurable loss, not just for all of us at Equitable, however for your complete mortgage business, particularly the dealer group he so proudly championed all through his profession.”
Colleagues and pals recall how Moor took satisfaction within the establishment’s identification as a “challenger financial institution,” utilizing its distinctive place to advocate for change and innovation in methods conventional monetary establishments couldn’t.
“Andrew Moor was a essential contributor and chief of Canada’s housing finance system, and was extraordinarily nicely revered by authorities coverage makers, buyers, clients and Equitable workers alike,” says Andy Charles, president and CEO of Canada Assure, who first met Moor at Invis.
“As a pacesetter, Andrew efficiently challenged the established order,” Charles continues, including that Moor “was before everything a household man.” Moor is survived by his spouse and three kids.
A frontrunner remembered for his coronary heart
Others who knew Moor personally additionally shared fond recollections that spoke to his heat and sense of humour.
“As a South African, we loved some pleasant banter about our respective rugby groups, particularly throughout World Cup occasions,” remembers Sagen president and CEO Stuart Levings. “Andrew’s premature passing is certainly a tragic loss for his household and pals, but in addition for the Canadian housing finance business. My honest condolences to his family members and to all those that had the pleasure of realizing him.”
Levings says it was instantly clear that Andrew “had an unbelievable thoughts for management and innovation within the monetary companies area” after they met 15 years in the past, and he’s not alone. Many who labored alongside Moor describe being impressed with how he carried himself within the business, together with his rivals.
“I all the time appreciated Andrew’s mental capability, his manner and his tone,” says Merix Monetary president and CEO Boris Bozic, including that Moor’s relentless drive for innovation in the end served to profit the business as an entire. “At the same time as rivals, he all the time carried out himself with decorum and respect for others.”
First Nationwide president and CEO Jason Ellis echoes that sentiment.
“He was an amazing companion, competitor and even a mentor all on the identical time,” he says. “He was beneficiant along with his counsel and genuinely dedicated to the evolution of banking. He might be sorely missed.”
“Andrew was a robust advocate for the mortgage brokerage business since coming into the area,” says Dan Putnam, Vice Chair, Residential at CMLS. “The mortgage business has simply suffered a devastating loss with the sudden passing of Andrew Moor, an business nice.”
“There is no such thing as a doubt Andrew was good, humorous and a visionary,” provides Mark Kerzner, CEO of TMG The Mortgage Group. “However he was additionally an immense advocate for mortgage brokers and the brokerage channel in Canada.”
Kerzner provides that his advocacy prolonged from his time at Invis, to his management at MPC, by way of his 17 years at Equitable Financial institution, the place he continued to advocate for the nation’s brokers and monetary expertise part to the very finish.
“As we mourn his loss, we’re honoured to proceed his legacy,” Moor’s colleague Wolfe says. “Whereas his absence leaves a void, his influence endures, reminding us of the profound distinction one particular person could make. Andrew Moor will ceaselessly be remembered as a trailblazer, a pacesetter, and above all, a exceptional human being. “
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Final modified: June 27, 2025
