Moor, the longest-serving bank chief executive in Canada, died suddenly at the age of 65 last weekend. His leadership, guidance and unwavering friendship are remembered by colleagues and friends.
The English Sussex people joined what was then called fair trust in 2007, a few months before the global financial crisis, which would overturn many financial competitors.
However, Moore sees the turmoil as an opportunity to fill the gap left by foreign institutions retreating from the Canadian market.
“We have been affected by the global credit crisis and have seen the exit of several alternative lenders in the mortgage market,” said President of the Canadian Accredited Association of Mortgage Professionals (CAAMP) – a Canadian Mortgage Professional, now a professional published in 2007 in 2007. Mortgage Journal.
“This means fewer options for mortgage professionals and borrowers.”
Stable hand in crisis
When foreign lenders left the country, Moore worked tirelessly to fill the gaps, developing new loan products for self-employed people, those with unique credit profiles, and those seeking reverse mortgages, and ultimately becoming national leaders in each category.
“Andrew was a giant in our industry when we sought out CAAMP/MPC’s board members and potential chairpersons,” recalled HighClere Capital co-founder and president Paul Grewal.
Grewal said Moor “turned brokers into a large organization” during his tenure, and was sold to HSBC from 2000 to 2006.
“He is transitioning to fairness, but it’s certain that the board’s focus when it comes to chairing MPC is on governance models and operations models,” Greval said. “He is a visionary and he knows that the Canadian financial services market needs a transformative digital bank to compete with established banks and work with mortgage brokers, which is the basic distribution channel.”
As the head of one of the only alternative lenders in the country at the time and the chairman of the National Association of Mortgage Brokers, Moor was sought for guidance and leadership during the darkest days of the industry.
Now, a few days after his death, colleagues and friends recalled how he advanced to the occasion.
“As the chairman of Caamp, Andrew brings clarity to goals, integrity and collaboration that helps shape our strategic direction and strengthen the broker community,” said Lauren Van Den Berg, president and CEO of MPC. “He is a visionary leader, relentless innovator and a true champion in Canadian mortgage and banking.”
Barbara Cook, the current MPC board chairman, added: “We are very sad about the passing of a true industry giant and the former MPC chairman. “We are forever grateful for the many ways he gives back and inspires others. ”
When Moor took over Equitable’s operations, the company had 100 employees and had a market capitalization of $400 million. Under his leadership, it grew into a $4 billion business with 2,000 employees, 700,000 customers and $127 billion in managed assets.
“He leads with purpose, integrity and heart, and is a source of confidence and inspiration for those who are lucky enough to work with him,” said Michael Wolfe, vice president of residential credit at the bank. “The human aspect of leadership is at the heart of his vision – thus maintaining talent, encouraging innovation, and creating an environment where everyone is capable of contributing.”
Agents and the voice of innovation
Wolff said Moore is a “cherished friend, mentor, colleague” and “visionary leaders” who always put the needs and aspirations of clients, brokers, and partners at the heart of every decision.
“His unremitting pursuit of Canadian innovation reshaping banking and sets new standards
He added that his death was an incalculable loss, not only for all of us, but for the entire mortgage industry, especially the broker community he has so proudly championed throughout his career. ”
Colleagues and friends recalled how Moore was proud of his identity as a “Challenger Bank” and advocated for changes and innovations that traditional financial institutions could not do with their unique stance.
“Andrew Moor is a key contributor and leader in Canada’s housing finance system and is highly respected by government policy makers, investors, clients and fair employees,” said Andy Charles, Canada’s Guarantee President and CEO, who first met Moor at Invis.
“As a leader, Andrew successfully challenged the status quo,” Charles continued, with his wife and three children surviving.
A leader remembers his heart
Others who knew Moore personally also shared infectious memories that spoke of his warmth and sense of humor.
“As South Africans, we enjoyed some friendly jokes to our respective rugby teams, especially at the World Cup events,” recalled Stuart Levings, president and CEO of Sagen. “The death of Andrew was indeed a tragic loss to his family and friends, and also to the Canadian housing finance industry. I express my sincere condolences to those he loved and everyone who has the honor of knowing him.”
It is obvious that when Andrew met 15 years ago, when Andrew “had an incredible idea of leadership and innovation in the financial services field, he wasn’t alone. Many people who worked with Moore were impressed by his identity in an industry, including competitors.
“I have always appreciated Andrew’s intellectual ability, mannerism and tone,” said Boris Bozic, former Merix Finance President and CEO. He added that Moore’s powerless drive for innovation ultimately helps the industry as a whole. “Even a competitor, he always does it with etiquette and respect for others.”
First National President and CEO Jason Ellis echoed the sentiment.
“He is also an excellent partner, competitor, and even a mentor,” he said. “He is generous to lawyers and is truly committed to the development of the banking industry. He will miss him a lot.”
“Andrew has been a strong advocate of the mortgage brokerage industry since entering the space,” said Dan Putnam, vice chairman of CMLS Residential. “The mortgage industry has just suffered a devastating loss with the sudden death of the industry’s great Andrew Moor.”
“There is no doubt that Andrew is great, fun, and visionary,” added Mark Kerzner, CEO of TMG The Mortgage Group. “But he is also a huge advocate of mortgage brokers and Canadian brokerage channels.”
Kerzner added that his advocacy stretched from Invis’ time to MPC leadership until his 17 years at Equitable Bank, where he continued to advocate for the country’s brokerage and financial technology sector.
“We are honored to continue his legacy as we mourn his losses,” said Moore’s colleague Wolf. “While his absence left a gap, his influence continued, reminding us of the profound differences that one can make. Andrew Moor will always be remembered as a pioneer, leader and most importantly an amazing person.”
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Last modified: June 30, 2025
