Directors

Scott Coates

Managing Director, Mortgage Investments, KingSett Capital; Member of Conduct Review, Corporate Governance and Human Resources Committee; Chair of Investment Committee

Director since May 2014

Mr. Coates has been the Managing Director of KingSett Capital’s mortgage lending business since 2006.  Before KingSett, he was responsible for opening the Toronto office of Trez Capital, where he lead the mortgage lending business for Eastern Canada.  Prior to Trez Capital, he expanded his real estate finance expertise in progressive positions with The Toronto-Dominion Bank, Scotiabank, Sun Life Financial and MCAP Commercial (a Caisse de dépôt et placement du Québec company).  Mr. Coates has over 27 years of experience in commercial and residential mortgage lending, whole loan sales, securitization and corporate finance.

Mr. Coates is a graduate of the Schulich School of Business at York University with a Bachelor of Business Administration Degree.

Verna Cuthbert

Corporate Director; Member of Enterprise Risk Management and Compliance Committee; Member of Investment Committee

Director since September 2013.

Verna Cuthbert is a member of the Law Society of Upper Canada and avocate à la retraite of the Barreau du Québec.  Prior to her retirement in Spring of 2017 she was a senior commercial lawyer and counsel with Fasken Martineau DuMoulin’s office in Montreal and prior to that she was a partner in an international law firm headquarted in New York.
Ms. Cuthbert practised law for more than 41 years in Ontario and in Quebec for more than 31 years.  She specialized in commercial real estate financing and development, acquisitions and dispositions and acted for many public and private corporations, institutional investors, lenders, developers and pension funds and as such she has extensive experience in both common law and civil law jurisdictions in financing, lending, leasing, joint ventures, development and management contracts and transactions.

Ms. Cuthbert is a member of the Association of Quebec Women in Finance/Association des Femmes en Finance du Québec (“AFFQ”), the Canadian Bar Association, Women’s Law Association of Ontario and Commercial Real Estate Women (“CREW”).  She is a governor of both the Foundation of the Women’s Centre of Montréal/la Fondation du centre des femmes de Montréal and of the Foundation of the Quebec Bar/la Fondation du Barreau du Québec.

Ms. Cuthbert is a graduate of Osgoode Hall Law School (LL.B.) and the University of Toronto (B.A.).

Susan Doré

Founding Partner, Corporate Director; Member of Audit Committee; Member of Conduct Review, Corporate Governance and Human Resources Committee

Director since May 2010.

Susan Doré has been a Director and/or Officer of MCAN, Mutual Trust and other predecessor companies since 1980. Mrs. Doré is a founding member of the MCAP Group of Companies.

Mrs. Doré retired from her position as MCAN’s Corporate Secretary in 2003. Prior to this role, she held various positions with MCAN and its predecessor companies. Mrs. Doré has also served as a Director for various private companies.

Mrs. Doré obtained her CPA,CGA designation in 1986.

William Jandrisits

President and Chief Executive Officer, MCAN Mortgage Corporation

Director since August 2010.

Before joining MCAN, Mr. Jandrisits held numerous positions in the financial sector with experience in virtually every aspect of the real estate investment industry. Immediately preceding his appointment at MCAN, he was the Director of Finance for Starwood Capital Group, a privately held investment management firm that specializes in real estate related investments on behalf of select private and institutional investment partners. Starwood Capital Group possesses a highly diversified real estate portfolio comprised of more than $14 billion in assets.

Mr. Jandrisits came to Starwood after holding the position of Managing Director, North American Real Estate for RBC Financial Group. During his tenure with RBC he was responsible for various aspects of real estate lending activities in the United States, including loan production, structuring of complex transactions, monitoring business performance and oversight of several operating units of RBC’s North American lending operations.

Previously Mr. Jandrisits spent nine years at the Royal Bank of Canada, where he last served as Vice President of Global Real Estate and was responsible for managing the bank’s global real estate portfolio. Prior to joining RBC in 1993, Mr. Jandrisits held positions at Sun Life Trust as a Manager in the Real Estate Finance division and at Citibank Canada, where he was a Senior Associate in their Corporate Real Estate Group.

Mr. Jandrisits received an HBA and an MBA from the Ivey School of Business at the University of Western Ontario.

Brian A. Johnson

Partner, Crown Capital Partners and Crown Realty Partners; Chair of Conduct Review, Corporate Governance and Human Resources Committee; Member of Investment Committee

Director since January 2001.

Prior to his current roles, Mr. Johnson served as the President and CEO of Crown Life Insurance. Before joining Crown Life Insurance, he was with the Continental Bank. Mr. Johnson was formerly the Governor and Chair of the University of Regina and additionally served as a Director for Canadian Life and Health Insurance, Oxford Properties, and Denison Mines Inc.. Mr. Johnson is currently a Director of Crombie REIT as well as various other private companies.

Loraine McIntosh

Corporate Director; Member of Audit Committee; Member of Enterprise Risk Management and Compliance Committee

Director since May 2017

Prior to her retirement in early 2015, Loraine McIntosh served as an Audit and Advisory Partner with Deloitte LLP.  Ms. McIntosh has over 30 years of experience providing accounting, assurance and advisory services to a wide range of organizations across Canada (both public and private) with a particular emphasis on the financial services sector.  Clients served include entities (both regulated and non-regulated) in the following sectors:  Banking (Schedule I, Schedule II, Credit Unions), Mortgage Lending, Leasing, Securitization, Insurance (P&C and Life), and federal Crown Corporations.  Ms. McIntosh is recognized for her expertise with respect to securitization, leasing, and other complex financial structures / transactions.  She has extensive experience with financial accounting, reporting and disclosure matters.

Ms. McIntosh obtained her CPA designation in 1984 and holds a Bachelor of Business Administration (Honours) from York University.

Derek Sutherland

Corporate Director; Member of Enterprise Risk Management and Compliance Committee; Member of Investment Committee

Director since May 2017

Derek Sutherland joined MCAN in 2004 and was most recently promoted to Vice President and Chief Risk Officer (CRO) in January 2013 where he was responsible for oversight of all relevant risks across MCAN.  He held this role until 2016 and in 2017 was elected to the Board of Directors.

Before being named as CRO, Mr. Sutherland held roles at MCAN where he was at times responsible for or was actively involved with term deposits, liquidity management, outsourcing, portfolio management, mortgage fundings, investment management, compliance and anti-money laundering.  Prior to joining MCAN, Mr. Sutherland was with KPMG, where he worked in the corporate finance and audit practices.  In both the audit and corporate finance practices at KPMG his focus was with financial services companies.

Mr. Sutherland received a Bachelor of Commerce from McMaster University. He holds CA and CBV designations.

Ian Sutherland

Founding Partner; Chair, MCAN Mortgage Corporation

Director since January 1991.

Ian Sutherland has been a Director and/or Officer of MCAN, Mutual Trust and other predecessor companies since 1980. Mr. Sutherland is a founding member of the MCAP Group of Companies.

Mr. Sutherland was a Director of the North West Company from 1987 to 2012, and he served as its President and CEO from 1993 to 1997 and its Chairman from 1997 to 2008.
Mr. Sutherland was Chairman of the Board and Investment Committee of Teachers Retirement Annuity Fund (Manitoba) from 1997 to 2001. He currently serves as a Director of MCAP Commercial LP. 

Mr. Sutherland holds CA and CFA designations.

Karen Weaver

Corporate Director; Chair of Audit Committee; Member of Conduct Review, Corporate Governance and Human Resources Committee

Director since November 2011.

Ms. Weaver was Executive Vice President & Chief Financial Officer of DH Corporation until June 2017 following the announced merger of the financial technology company with UK-based Misys by Vista Equity Partners.  Prior to this role, Ms. Weaver was Executive Vice President and Chief Financial Officer at First Capital Realty, a position she held since 2004. She held previous positions as Senior Vice President and CFO at Brookfield Properties Corporation, Canadian Operations and Gentra Inc. (BPO Properties Ltd). Ms. Weaver has significant experience in public financial accounting, reporting and corporate operations, with over 15 years of real estate experience. She holds a CPA designation and is a certified corporate director (“ICD.D”) in Canada and a member of the Institute of Corporate Directors.

William Terrence Wright

Counsel, Pitblado LLP; Chair of Enterprise Risk Management and Compliance Committee

Director since September 2013.

William Terrence Wright, Q.C. shares his valuable experience from many years in executive positions within the financial services industry. Prior to 2006, when he re-joined Pitblado LLP as Counsel, Mr. Wright was Senior Vice President, General Counsel and Secretary of IGM Financial Inc. (Investors Group) from 1992 to 2005.  In this role, Mr. Wright was responsible for the legal, regulatory, compliance and public policy issues concerning Investors Group and its subsidiaries. During this time, he also served as Chairman of the Board of Directors of the Investment Funds Institute of Canada and the Mutual Funds Dealers Association of Canada and a director of the Canadian Payments Association, Ombudsman for Banking Services and Investments and the Centre for the Financial Services OmbudsNetwork.

Mr. Wright was a member of the Federal Finance Minister’s Task Force for the Payment Systems Review (2010/2011) and has served on the Boards of a number of other public, regulated and private companies.  Mr. Wright also has a strong sense of community involvement, having served as President of the Board of Directors of the Royal Winnipeg Ballet, Chairman of the Health Sciences Centre Research Foundation Inc., Chairman of the Board of both the Victoria General Hospital and the Victoria General Hospital Foundation Inc., Manitoba Chair of the National Mental Health Fund, Capital Campaign Co Chair Red River College and President of the Children’s Home of Winnipeg.

Mr. Wright received economics and law degrees from the University of Manitoba in 1967 and 1970 respectively, was called to the Bar in Manitoba in 1971 and currently serves on the Boards of ICE Futures (Canada) Inc. and ICE Clear (Canada) Inc.