Bissada was president and CEO of Home Trust Company from August 2017 to January 2025 and president and CEO of Home Capital Group Inc. from August 2017 to August 2023, according to his LinkedIn profile.
He was also CEO of Kanetix Ltd. from September 2011 to July 2017, an online insurance marketplace and technology provider.
Interim president and CEO Dan Jauernig will return to his position as chair of HomeEquity Bank’s Board of Directors. Jauernig said the Board “welcomes [Bissada]to HomeEquity Bank” and that his experience aligns with the bank’s current priorities.
HomeEquity Bank, provider of the CHIP Reverse Mortgage, said Bissada’s appointment takes effect, January 15.
The move comes as the Schedule 1 Canadian bank continues to expand its reverse mortgage portfolio, which has grown by more than $1bn year-over-year in recent years and now stands at about $10bn after what the bank described as another record year in 2025.
