HomeEquity Bank welcomes Katherine Dudtschak as new CEO.
“The 55 and better cohort is now the largest demographic in Canada and HomeEquity Bank is the only bank dedicated to helping them live life on their terms. I am so proud to be part of this important work.”
HomeEquity Bank, provider of the CHIP Reverse Mortgage, is pleased to welcome Katherine Dudtschak as its new CEO. Ms. Dudtschak joined the Bank as President on May 1, 2024.
Ms. Dudtschak is a highly respected and impactful business leader, director and community builder. As President and CEO of HomeEquity Bank, Ms. Dudtschak reports to the Board of Directors as she oversees the institution’s strategic vision for customer-centric growth and its reverse mortgage portfolio of nearly $8 billion.
Before joining HomeEquity Bank, Ms. Dudtschak spent more than 30 years at Canada’s largest bank in several senior executive business and functional roles. There she led a national team of over 25,000 advisors, stewarding over 15 million client relationships representing over $1 trillion in customer business, and led the successful repositioning of its bank operating in 19 Caribbean countries following the 2008 financial crisis.
Ms. Dudtschak is recognized as an inspiration and advocate for human potential and possibility, which drew her to the HomeEquity Bank purpose of helping Canadians 55+ age in the homes they love. She is the founder of Incluvest—a foundation supporting research and leadership for an inclusive and truly sustainable world—and sits on the boards of the United Way of Greater Toronto and The Canadian Museum for Human Rights.
HomeEquity Bank is a Schedule 1 Canadian Bank offering a range of reverse mortgage solutions including its flagship CHIP Reverse Mortgage product. The company was founded more than 35 years ago to address the financial needs of Canadians who wanted to access the equity and savings of their top asset – their home. The Bank is committed to empowering Canadians 55+ to live the life they deserve, in the home they love.
HomeEquity Bank is a portfolio company of Ontario Teachers’ Pension Plan Board, a global investor that delivers retirement income for 340,000 current and retired teachers in Ontario.