Centurion Apartment REIT Management Inc Announces that it has hired Stephen Stewart as Director of Mortgage Investments

Mr. Stewart has over 20 years of experience in various roles in the financial services and investment industries.

Most recently Mr. Stewart spent 5 years as the Chief Financial Officer of ING Bank of Canada (ING Direct), where he oversaw all aspects of finance, accounting and risk management as well as chairing several management committees and serving as a director of two regulated mutual fund subsidiaries. Prior to his appointment as CFO, he served as Chief Lending Officer where he oversaw the company’s commercial and retail lending departments.

 

Before joining ING, Mr. Stewart was with Hudson Advisors, a private equity firm specializing in real estate debt investments and structured finance, and previously held a variety of progressive lending roles including real estate and construction financing roles with National Bank and North American Trust.  He began his career with Price Waterhouse.

Mr. Stewart is a Director and Chair of the Audit Committee of Plan International (formerly Foster Parents Plan Canada).

Mr. Stewart is a Chartered Accountant with a double major in management and economics from the University of Guelph.

In his role as Director of Mortgage Investments, Mr. Stewart will manage the mortgage assets and liabilities of Centurion and growing its investment and development opportunities. Commenting on the hire: Greg Romundt, President, stated:

“We are very excited that Stephen has joined Centurion. This is a strategic enhancement of our investment and risk management infrastructure. We expect that this will further enhance our ability to execute on our growth strategy, risk management priorities and bring new sources of opportunites and acquisitions.” 

Mr. Stewart commenced his duties in January 2013.