In Loving Memory of Andrew Moor (1959–2025): Visionary Leader and Financial Pioneer
It is with profound sadness and heavy hearts that we share the news of the sudden passing of Andrew Moor, President and Chief Executive Officer of EQB Inc., the parent company of Equitable Bank. Mr. Moor passed away unexpectedly at the age of 65, as confirmed by the company in an official statement released on June 24, 2025.
Andrew Moor was more than just a banking executive — he was a visionary, a trailblazer, and one of Canada’s most respected leaders in the financial industry. As the longest-serving bank CEO in the country, Moor’s impact on the Canadian banking landscape was nothing short of transformative. His tenure as CEO, which began in March 2007, was defined by bold innovation, strategic foresight, and an unwavering commitment to making banking more accessible and equitable for all Canadians.
When Andrew Moor took the helm at Equitable Bank, it was a modest regional trust company with approximately CA$3–4 billion in assets. Through his leadership, intelligence, and quiet determination, Moor transformed the organization into a national powerhouse. Today, Equitable Bank stands as Canada’s seventh-largest bank, with over CA$134 billion in assets and a workforce of nearly 2,000 employees across the country — a testament to his enduring vision and stewardship.
Moor was widely known for championing a digital-first, customer-focused banking model at a time when many traditional institutions were hesitant to break from the old mold. Under his guidance, Equitable Bank became an industry leader in innovation, launching the EQ Bank platform, which disrupted the industry by offering high-interest savings, no-fee banking, and a seamless digital experience long before it became mainstream. His work not only reshaped his own institution, but pushed the entire industry toward a more modern, inclusive, and efficient future.
Beyond the numbers and milestones, Andrew Moor was a deeply principled and thoughtful leader. He believed that financial institutions should serve people — not just shareholders — and that technology should empower, not exclude. His belief in responsible innovation and sustainable growth resonated throughout the culture at EQB Inc., creating a legacy of trust, transparency, and purpose.
Andrew’s leadership was also marked by humility and approachability. Colleagues admired his calm demeanor, his intellectual curiosity, and his ability to inspire those around him. He mentored many, listened more than he spoke, and always gave credit where it was due. His executive team, board members, and staff across all levels of the company often described him as a steady hand in turbulent times — a leader who not only navigated economic storms, but did so with clarity, compassion, and courage.
The news of Andrew Moor’s passing has been met with deep sorrow throughout the Canadian financial community. Tributes have poured in from across the banking sector, government, and business world, all honoring a man whose integrity, brilliance, and humanity left an indelible mark.
Outside of work, Andrew was known to be a loving family man, a devoted husband and father, and someone who valued life’s simple joys — time with loved ones, meaningful conversations, and thoughtful reflection. His presence will be missed not only in boardrooms and headlines, but in the everyday lives of those who had the honor of knowing him personally.
In the coming days, EQB Inc. and the broader financial community will continue to reflect on and honor the incredible life and legacy of Andrew Moor. Plans to commemorate his life and contributions are expected to be shared soon, and an outpouring of support has already begun from employees, partners, and customers whose lives he touched.
Andrew Moor’s legacy is not merely one of growth and profit, but of vision, innovation, and impact. He dared to reimagine what a bank could be — and in doing so, he made the financial system a more inclusive and forward-thinking space for generations to come.
Rest in peace, Andrew. Your legacy lives on in every life improved by the systems you helped build, in every mind you inspired, and in every corner of the industry that you helped reshape with wisdom and grace.