10:14 AM EDT, 03/25/2026 (MT Newswires) -- EQB (EQB.TO) on Wednesday announced the appointment of Daniel Rethazy as Executive Vice President, Personal Banking.

"In his new role effective April 6, 2026, Mr. Rethazy will shape a unified and integrated Personal Banking business," said the company.

The company also said that he is joining EQB from CIBC (CM.TO) where he served as Executive Vice President, Enterprise Capabilities and Organizational Agility. Prior to that role, Rethazy served as Senior Vice President of CIBC's Personal Lending and Insurance businesses in Canada.

The company added that, earlier in his career, Rethazy held "progressively senior leadership roles" at TD Bank (TD.TO) across Wealth, Canadian Banking and Direct Channels. He also served as Associate Principal at McKinsey & Company before joining TD Bank.

"Daniel is a generational talent in Canadian banking, and we're thrilled to welcome him to EQB," said Chadwick Westlake, President and Chief Executive Officer. "We're a digital-first leader backed by the best talent, and Daniel joining us is another strong validation of our Challenger strategy and a clear sign that EQB is entering its biggest phase of growth - one where we compete to fundamentally improve how Canadians save, spend, borrow, and plan for their futures. Daniel brings deep operating discipline, strategic clarity, lending and regulatory perspective, and experience scaling complex organizations, all of which will be critical as we unlock our full potential and make EQ Bank a household name."

The company also said that Anilisa Sainani will step into the elevated role of EVP and chief financial officer, expanding her mandate to include leadership of the Treasury function. It further added that Darren Lorimer will be elevated to the role of EVP, Commercial Banking, Marlene Lenarduzzi as EVP and chief risk officer, and Gavin Stanley as EVP and chief human resources officer. Dipti Patel, senior vice president and chief credit officer, will join the broader executive leadership team, added EQB.

The company's shares were last seen up $0.83 at $111.22 on the Toronto Stock Exchange.

Price: 111.31, Change: +0.92, Percent Change: +0.83