News

TSX Symbols: ETC and ETC.PR.A

TORONTO, Dec. 6, 2011 /CNW/ - Equitable Group Inc. today announced the appointment of Tim Wilson as the Company's Chief Financial Officer.

Equitable Group is pleased to announce the appointment of Tim Wilson as Vice President and Chief Financial Officer of both Equitable Group Inc. and its wholly-owned subsidiary, The Equitable Trust Company, effective January 3, 2012. Most recently, Mr. Wilson was President of Visa Canada and had prior experience in a senior executive position with CIBC and as a consultant with Monitor Group. He received his CA designation in 1997 while working with Ernst and Young.  Mr. Wilson brings over 16 years of valuable experience in the financial services industry.  Mr. Wilson holds an MBA from Harvard Business School and a B. Comm from Queen's University.

In announcing the appointment, Andrew Moor, Equitable's President and CEO, said, "We look forward to having Tim as part of the team at Equitable. I believe that his prior experience in areas of financial services related to serving consumers will be valuable to Equitable as we continue to put priority on building our single family lending business."

About Equitable Group Inc.

Equitable Group Inc. is a niche mortgage lender. Our core business is first charge mortgage financing, which we offer through our wholly owned subsidiary, The Equitable Trust Company. Founded in 1970, Equitable Trust is a federally incorporated trust company. It serves single family, small and large commercial borrowers and their mortgage advisors. It also serves the investing public as a provider of Guaranteed Investment Certificates. Equitable is active in providing GICs across all Canadian provinces and territories. We actively originate mortgages in Ontario, Alberta and Manitoba. Equitable Group's shares are traded on the Toronto Stock Exchange under the symbols ETC and ETC.PR.A. Visit the Company on line at www.equitablegroupinc.com or www.equitabletrust.com.