EQB Inc. and its wholly owned subsidiary Equitable Bank announced Chief Risk Officer Ron Tratch will be leaving Equitable as of Aug. 31.

"Ron has been a valued member of Equitable's senior management team since he joined as Vice-President, Commercial Credit in 2011. He became Chief Risk Officer in January of 2015 and since that time has led the risk function on many successful initiatives that have contributed to our growth and success, including the ongoing advancement of the Bank's AIRB project for capital and risk management. We are grateful for his guidance and leadership and wish him well in the next chapter of his professional career," said Andrew Moor, President and Chief Executive Officer.

Moor continued, "We're fortunate to have a strong Risk team at Equitable which will oversee all of our risks as we always have – prudently and effectively."

Equitable will be announcing the appointment of a new Chief Risk Officer in due course.