Prakash Bector, Team lead, business development, GTA, Equitable Bank
Prakash Bector has been in the mortgage industry since 2009, working directly with mortgage brokers throughout his entire career. As team lead of business development in the GTA for Equitable Bank, Bector serves as the regional business manager for several large mortgage brokerages throughout Toronto, while also providing support and training to six regional business managers across the GTA.
“Equitable is a branchless bank that serves mortgage brokers directly,” he says. “We generate the majority of our business through brokers from coast to coast, so we do understand how important the need is for strong-lending partners for the broker community as a whole.”
In addition, Bector is currently an instructor for the mortgage agent course offered through CMBA Ontario and is focused on expanding the education offered to brokers. “Being employed with a mortgage lender, I can appreciate how vital education is for brokers, especially with all of the regulatory changes happening in our industry,” he says. Earlier this year, Bector was awarded Equitable Bank’s Spirit Award and CMBA Ontario’s Leadership Award.