Headquartered in Toronto home equity bank HEB, Canada’s leading reverse mortgage lender, announced that Katherine Dudtschak has taken over as CEO following the retirement of her predecessor, Steven Ranson.
Ranson announced his retirement earlier this year, effective June 30.
“With Katherine’s extensive experience in the financial services industry and ability to develop high-performing teams, we believe she can lay the foundation for the bank’s future and make a positive impact for the bank’s customers,” said Daniel Jauernig, chairman of the board of HomeEquity Bank. a statement said
HomeEquity Bank is a leader in Canada’s reverse mortgage market, overseeing an emerging field that includes competitors fair bank and bloom finance corp..
Lanson is a key figure in expanding the company’s market share and realizing the potential of its products. In 2021, he co-authored a book with company executive Yvonne Ziomecki titled “Home Run: The Reverse Mortgage Advantage,” and several milestones were achieved under his watch, including more than 10 million dollars in origination funding in 2022. billion Canadian dollars.
All told, he has been with the company for 27 years, first joining HEB in 1997 as Chief Financial Officer.
Dudtschak is described as an experienced senior executive who previously served as the company’s executive vice president of regional banking. royal bank of canada (RBC) is preparing to serve as CEO of HEB.
“Given the state of our economy and society, more and more Canadians are aging with debt, limited cash savings and shrinking pensions,” Dudchak said. “They will accumulate savings in homes they love. Assets and savings are viewed as pathways to continued independence and dignity.
“We have recognized that people over the age of fifty-five are the largest demographic group in Canada, and HomeEquity Bank is purely committed to understanding and serving the diverse needs of this dynamic and dynamic population.”
