John L. Sherrington appointed Vice Chair of HomEquity Bank Board of Directors

TORONTO, Aug. 8, 2016 /CNW/ - The Board of Directors of HomEquity Bank today announced it has appointed John L. Sherrington as its Vice Chair.

"Mr. Sherrington brings a wealth of banking leadership experience to the board," said Steven Ranson, CEO, HomEquity Bank.

Mr. Sherrington, former Vice-Chairman of Global Investment Banking, Scotiabank, retired in 2015 after a distinguished 40 year career. He was responsible for senior executive relationships with major Canadian corporations as a trusted advisor. Mr. Sherrington established and led the foremost Financial Services Group on Bay Street, known for its instrumental, landmark transactions including the demutualization of the Canadian life insurance industry. He also played a lead role on the largest IPO in Canadian corporate history: the $2.4 billion IPO of Manulife Financial.

Mr. Sherrington has been involved in a wide range of board and philanthropic activities, including: Executive Committee, Institute of Corporate Directors; Chair, Children's Aid Foundation; Vice-Chair, Bridgepoint Health Foundation;  Director, Mt. Sinai Health Foundation;  Director, Toronto Foundation;  Trustee, Toronto Symphony Foundation;  Director, SMC Alpha Man Holdings;  Director, Sunnybrook Hospital & Foundation;  Director, Duke of Edinburgh Award for Canada, Charter For Business;  National Board of Governors, Canadian Centre For Diversity; and, Major Gifts Cabinet, United Way of Toronto.

Educated in the UK at Oxford University and the City of London Business School before emigrating to Canada in 1974, Mr. Sherrington holds the ICD.D from the Canadian Institute of Corporate Directors and the F.C. S. I. from the Canadian Securities Institute.

About HomEquity Bank

HomEquity Bank is a Schedule 1 Canadian Bank offering the CHIP reverse mortgage solution  It was founded 30 years ago as an annuity based solution addressing the financial needs of Canadians who want to access the equity of their top asset – their home. 

SOURCE HomEquity Bank

Image with caption: "HomEquity Bank (CNW Group/HomEquity Bank)". Image available at:

For further information: Teresa Donia, iAMBIC Communications,, 905-508-5550; Yvonne Ziomecki, Senior Vice President, Marketing and Sales, HomEquity Bank,, 647-723-6812

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