Yantzi joins Bennington after two decades of
leadership in equipment financing and credit
TORONTO, Dec. 18,
2024 /PRNewswire/ - Bennington Financial Corp.
("Bennington Financial" or "Bennington"), a leading organization in
the brokered commercial vehicle and equipment leasing market in
Canada and wholly owned subsidiary
of Equitable Bank, Canada's
Challenger Bank™, today shares that Ashley
Yantzi has been appointed president and CEO. This
announcement follows the earlier retirement of Bennington's former
president and CEO, Troy
Campbell.
"We are thrilled to welcome Ashley to his new position as
president and CEO of Bennington. He is a uniquely talented leader
who has repeatedly demonstrated success in helping organizations
reach their full potential while thoughtfully guiding them through
dynamic risk environments to long-term, sustainable growth," said
Darren Lorimer, SVP and group head,
commercial banking, Equitable Bank. "His business acumen combined
with his natural people-focused approach will continue to foster
Bennington's culture as they embark on their next chapter."
Ashley Yantzi is a seasoned financial services executive
with over 20 years of leadership in equipment financing, credit and
commercial and residential lending. He joins Bennington after seven
years with Equitable Bank where he served as VP, Credit Risk, and
VP & Head of Residential Lending and established a strong track
record of customer-centric organizational growth. Prior to this, he
held progressively senior roles with TD Bank and GE Capital.
"It's an honour to join the remarkable Bennington team, and I
look forward to applying our shared challenger mindset to harness
our full potential alongside our broker partners," said
Ashley Yantzi, president and CEO,
Bennington. "Bennington has made a name for itself in providing
competitive, unique and innovative equipment financing products and
services, and I am confident that our next phase of growth will
yield even deeper relationships with our customers."
Equitable Bank acquired Bennington in 2019 to broaden its reach
as Canada's Challenger Bank™ by
supporting entrepreneurial businesses across Canada such as those in the growing equipment
leasing industry. Bennington is Canada's largest broker-focused equipment
lessor and operates as a subsidiary of the bank.
"I would like to thank the entire Bennington team for their hard
work and unwavering commitment to our customers," said Troy Campbell, former president and CEO,
Bennington. "Concluding my career among this passionate group of
people is an immense privilege, and I leave confident knowing that
their next chapter will be guided by a leader who shares their
values."
"On behalf of Equitable, I want to thank Troy for his years of
service and dedication to Bennington," continued Lorimer. "His
passion resulted in a strong workplace culture that will endure and
serve Bennington well in the years ahead under Ashley's new
leadership."
About Bennington Financial Corp.
Bennington Financial Corp. is a commercial vehicle and equipment
leasing and financing company, providing business solutions for new
and established businesses across Canada. We strive to
provide our strategic partners with competitive, unique and
innovative equipment financing products and services to assist
their customers to finance their growth and their dreams.
About Equitable Bank
Equitable Bank has a clear mission to drive change in Canadian
banking to enrich people's lives. As Canada's Challenger Bank™ and seventh largest
bank by assets, it leverages technology to deliver exceptional
personal and commercial banking experiences and services to nearly
700,000 customers and more than six million credit union members
through its businesses. It is a wholly owned subsidiary of EQB Inc.
(TSX: EQB), a leading digital financial services company with
$127 billion in combined assets under
management and administration (as at October
31, 2024). Through its digital EQ Bank platform (eqbank.ca),
its customers have named it one of the top banks in Canada on the Forbes World's Best Banks list
since 2021.
To learn more, please visit eqb.investorroom.com or
connect with us on LinkedIn.
For more information, please contact:
Maggie Hall
Director, PR & Communications
maggie.hall@eqbank.ca
View original content to download
multimedia:https://www.prnewswire.com/news-releases/equitable-bank-subsidiary-bennington-financial-corp-welcomes-ashley-yantzi-as-president-and-ceo-302335244.html
SOURCE Equitable Bank
