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EQB Inc. appoints Mike Pedersen to the Board of Directors effective immediately and will nominate him as Chair in April 2026 following the retirement of Vincenza Sera
EQB Inc. appoints Mike Pedersen to the Board of Directors effective immediately and will nominate...
About this update from Eqb Inc
[{"type":"text","content":"\n\n\nEQB Inc. appoints Mike Pedersen to the Board of Directors effective immediately and will nominate him as Chair in April 2026 following the retirement of Vincenza Sera\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, Dec. 17, 2025 /CNW/ - The Board of Directors of EQB Inc. and Equitable Bank (collectively \"EQB\") today announced that as part of its renewal and succession plan, it will appoint Mr. Mike Pedersen to the Board of Directors effective immediately and plan to nominate him as successor Chair, contingent upon his election as a Director by EQB shareholders at the Annual General Shareholder Meeting (AGM) in April 2026.\n\n\n\n\n\n\n\nMs. Vincenza (Vin) Sera, who will conclude 13 years of service on the Board in 2026, plans to step down as Chair and will not seek re-election as a Director at the AGM in April 2026. Ms. Sera joined the Board in 2013 and has served as Chair since September 2024, extending her 12-year term to take on the Chair position at the Board's request.\nMr. Pedersen brings more than three decades of leadership in global financial services, with a proven record of providing governance and strategy oversight through periods of impactful growth and transformation. He served as Chair of the Board at Business Development Bank of Canada (BDC) from 2018 to 2023. Mr. Pedersen has also held multiple senior roles at TD Bank Group, culminating in being President and CEO of TD Bank Group's U.S. banking business from 2013 to 2017.\nBased in Toronto, Mr. Pedersen currently serves on the boards of CGI, AtkinsRéalis and Clean Prosperity. Additionally, he is Chair of the Advisory Committee for the Intact Centre on Climate Adaptation at the University of Waterloo, and is a member of the Sustainable Finance Advisory Committee at the Global Risk Institute. He holds a Bachelor of Commerce from the University of British Columbia and a Master of Industrial Relations from the University of Toronto. Mr. Pedersen maintains an active presence in his community and has a long history of involvement in organizations dedicated to environme...