Faheem Tejani joins amid the Mortgage Company of Canada's bid to grow in the alternative segment
Toronto-based mortgage investment corporation Mortgage Company of Canada has announced on March 5 the appointment of Faheem Tejani as its new President.
Associated with BMO Capital Markets since 2000, Tejani has served in increasingly senior positions within the organization before joining Mortgage Company of Canada. During his run at BMO Capital Markets, Tejani has provided growth and financing strategies to corporations globally and has raised over $15 billion, including for companies within the financial services industry in Canada.
Tejani is also a Chartered Professional Accountant and holds a Bachelor of Arts from the University of Western Ontario.
“I am thrilled to be joining Mortgage Company of Canada at this exciting time in the Company's history,” Tejani said. “After starting with $250,000 from family and friends in 2009, the mortgage portfolio has increased to over $140 million. I am looking forward to working with the team at Mortgage Company of Canada.”
“We are excited that Faheem is joining the Company as President,” Mortgage Company of Canada founder and CEO Raj Babber said. “His proven capital markets expertise and relationships will be important additions to the Company as we continue to grow in the alternative lending market.”
