Toronto-based EQB Inc. (TSX: EQB) has announced the appointment of Chadwick Westlake as its next President and CEO, effective August 25, 2025. The decision follows a multi-year succession process, with Westlake set to succeed the late Andrew Moor.
Westlake, a seasoned banking executive and former CFO of EQB, brings extensive leadership experience, having overseen the acquisition of Concentra Bank, expansion of Equitable Bank’s capital markets, and the launch of a $3.1 billion European covered bond program. He most recently served as EVP & CFO at OpenText Corporation and was named one of Canada’s Best Executives 2025 by The Globe and Mail.
Until Westlake officially assumes the role, Marlene Lenarduzzi will continue as Interim President and CEO before resuming her position as Chief Risk Officer.
Vincenza Sera, Chair of the Board, emphasized Westlake’s deep knowledge of EQB’s culture, operations, and customer-centric approach, calling him uniquely positioned to lead the bank’s next phase of growth as Canada’s leading challenger bank.
