Andrew Moor, CEO of Equitable Bank, Dies Suddenly at 65

Andrew Moor, CEO of EQ Bank, has died unexpectedly at age 65. The bank confirmed his death and named Marlene Lenarduzzi as interim CEO. Moor was a visionary leader who built EQ Bank into a challenger to Canada's six major lenders with $127-billion in assets under management. He was also a vocal advocate for open banking and a champion for fintech entrepreneurs. His death has been met with tributes from the fintech community.

TORONTO, June 19, 2025 - EQ Bank (TSX: EQB) has announced the unexpected passing of its President and CEO, Andrew Moor. Moor, who was 65 years old, had been serving as the longest-serving bank CEO in Canada. The company has named Marlene Lenarduzzi as interim President and CEO, effective immediately [1][2][3].

Moor, who joined EQ Bank in 2007, was a visionary leader who transformed the company into a major player in the Canadian banking landscape. Under his leadership, EQ Bank grew to manage $127 billion in assets under management, becoming a significant challenger to Canada's six major lenders [1][2][3]. He was also a vocal advocate for open banking and a champion for fintech entrepreneurs, contributing significantly to the innovation and growth of the financial services sector in Canada.

Moor's passing has been met with tributes from the fintech community and industry peers. Vincenza Sera, Chair of the Board, stated, "Andrew's death is a tragic loss to all of us at EQ Bank and to everyone who had the pleasure of knowing him. He was a visionary leader and a fierce advocate for change and innovation in banking that benefits all Canadians" [1][2][3].

Lenarduzzi, who currently serves as the bank's Chief Risk Officer, has over 25 years of experience in risk management and banking strategy development. She will provide thoughtful and effective leadership to ensure a seamless continuation of the bank's operations during this transitional period [1][2][3].

The Board of Directors has activated its emergency succession plan and is well-advanced in the process of identifying Moor's long-term successor. Lenarduzzi's appointment as interim CEO is part of the company's ongoing efforts to maintain stability and continuity in its operations [1][2][3].

References:
[1] https://seekingalpha.com/news/4461652-eqb-announces-unexpected-death-of-ceo-andrew-moor
[2] https://www.marketscreener.com/quote/stock/EQB-INC-1409929/news/EQB-announces-passing-of-Andrew-Moor-President-CEO-50321418/
[3] https://finance.yahoo.com/news/eqb-announces-passing-andrew-moor-134900936.html