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Equitable Trust Announces Randy Nanek as Chief Financial Officer

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22

TSX Symbol: ETC

TORONTO, Nov. 22 /CNW/ - Andrew Moor, President and CEO of EquitableTrust Company is pleased to announce the appointment of Randy Nanek, CA asChief Financial Officer effective December 5, 2007.

Mr. Nanek joins the management team at Equitable Trust with an extensivebackground in financial management in the banking industry. Most recentlyMr. Nanek was Chief Financial Officer of President's Choice Financial. Hepreviously held senior management positions at TD Bank Financial Group andRBC Financial Group. In 1982, Mr Nanek was awarded a Bachelor of Commerce(Honours) from the University of Manitoba and received his CharteredAccountant's designation in 1985.

"I am delighted to welcome Randy to his new position. With Randy'sknowledge and experience, he will be able to provide valuable insights intoways of building the business for the benefit of our customers andshareholders," said Andrew Moor, President and CEO.

About Equitable Group Inc. (Equitable Trust)

Equitable Group Inc. provides first mortgage financing through itswholly-owned subsidiary, The Equitable Trust Company. It also offersGuaranteed Investment Certificates to depositors as a nationally-licenseddeposit-taking institution. Equitable Trust was founded in 1970, and byfollowing a prudent, results-driven approach, Equitable has become a leader inits primary niches: alternative single family dwelling as well as multi-unitresidential mortgage lending. The common shares of Equitable Group Inc. arelisted on the Toronto Stock Exchange under the trading symbol of "ETC." Formore information visit .

For further information

Andrew Moor, President and Chief ExecutiveOfficer, (416) 513-3519

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