Home Capital exec to exit newly combined position months after presumption role

A Home Capital Group Inc. executive is withdrawal a association small months after he insincere a newly combined position.

In July, Greg Parker helmed a newly determined position of executive vice-president of plan during a Toronto-based choice lender.

“Mr. Parker done this preference in sequence to pursue other opportunities,” a association pronounced in a recover released Thursday.

Home Capital says Brad Kotush, executive vice-president and arch financial officer, will assume Parker’s altogether responsibilities.

Parker had formerly hold a positions of executive vice-president of craving risk government and arch risk bureau before to his new purpose during Home Capital.

His pierce was partial of a company’s efforts to strengthen prospects for long-term expansion following allegations from a Ontario Securities Commission that it misled investors.

The association has given staid a OSC case.

Article source: http://www.cbc.ca/news/business/home-capital-parker-1.4311507?cmp=rss