DEREK G. SUTHERLAND, CPA, CA
Toronto, Ontario, Canada
Director since May 2017
Mr. Sutherland was appointed as Chair of the Board in February 2020 and appointed as Interim CEO of the Corporation in November 2024. On March 17, 2025, the Corporation announced that Mr. Sutherland would be appointed as MCAN’s President and Chief Executive Officer effective as of April 1, 2025. In connection with his appointment, MCAN also announced that Mr. Sutherland would resign as Chair of the Board effective as of April 1, 2025, but will remain as a director of the Corporation. Mr. Sutherland has been President, Canadazil Capital Inc. (risk advisory and transaction due diligence) since July 2016.
He joined MCAN in 2004 and was 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. 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.
Mr. Sutherland holds the professional independent director designation (ICD.D) from the Institute of Corporate Directors.
MCAN’s dynamic and diverse leadership team offers a breadth of real estate industry knowledge and experience. Get to know the members of our leadership team below.
MCAN’s dynamic and diverse leadership team offers a breadth of real estate industry knowledge and experience. Get to know the members of our leadership team below.
Director Since May 2026 | Member of Corporate Governance & Human Resources Committee | Member of Enterprise Risk Management & Compliance Committee | Member of Information Technology Governance Committee
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Manager, Insured Residential Lending Fulfillment
Manager, Uninsured Residential Lending Fulfillment
Manager, Underwriting Discover Alt
Manager, Underwriting Precision Prime
Manager, Underwriting Elevate Conventional
Director, Underwriting Discover Alt
Regional Director, Sales
Greater Capital Region, ON East and Atlantic Canada
Director since May 2024 | Chair of Audit Committee | Member of Conduct Review, Corporate Governance & Human Resources Committee| Member of Information Technology Governance Committee
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Chair of the Board of Directors since April 2025 | Director since January 2018 | President, Morphet Family Wealth Advisors Inc.
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Director Since May 2026 | Member of Audit Committee | Member of Conduct Review, Corporate Governance & Human Resources Committee
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Director since May 2020 | President, Teff Administration Inc. | Member of Audit Committee | Member of Enterprise Risk Management & Compliance Committee
Director since May 2021 | Founding Partner, Bogart Robertson & Chu LLP | Chair of Conduct Review, Corporate Governance & Human Resources Committee | Member of Enterprise Risk Management & Compliance Committee
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Director since May 2022 | Chair of Information Technology Governance Committee | Member of Audit Committee | Member of Enterprise Risk Management & Compliance Committee
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Director since May 2021 | Chair of Enterprise Risk Management & Compliance Committee | Member of Audit Committee
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SVP & Chief Operating Officer | President & Chief Operating Officer, MCAN Home Mortgage Corporation
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