Home Trust announces new president

Home Trust announces new president

Home Trust has named Martin Reid, the company's former treasurer, as its new president following the departure of Nick Kyprianou.

"I am pleased that our focus on strengthening our senior management team through internal development has resulted in Home's new president coming from within the company," said Gerald Soloway, CEO of Home Capital Group and its subsidiary, Home Trust,. "I am confident that Martin will provide the leadership and guidance to continue Home as a multi-faceted financial institution and as Canada's one-stop mortgage lender."

Reid joined Home Trust in 2007 and, according to his appointment statement, helped establish the company's participation in the Canada Mortgage Bond program. He has been responsible for the lender's liquidity, market risk, securitization program and banking relationships.

Along with the appointment news, Soloway thanked Kyprianou for his time and commitment to Home Trust.

"We thank Nick for his significant contribution to Home's success over the past 17 years and wish him every success in his future endeavours," he said.

 

3 Comments
  • Gary Greer 2009-12-05 6:20:29 AM
    Gerry & Nick were a first class team. None better in the industry. Nick will be missed, I'm sure. We wish him well and we continue to support Gerry & Home Trust as a preferred lender.
    Post a reply
  • Steve Poitevin 2009-12-05 7:01:40 AM
    I was fortunate to go on the road with Nick a few times in my 3 years with Home Trust in Calgary. He taught me voulumes on the equity business and how to deal with brokers
    Best of luck Nick

    Steve
    Post a reply
  • George Dannewald 2009-12-05 9:09:20 AM
    I'm really sorry to see Nick leave. He is a very knowledgeable man, and I really thought that the day would come when he would be holding the reins. Good luck to him in whatever his future holds.
    Post a reply