The Financial Post reports in its Thursday, July 13, edition that Home Capital Group has appointed Yousry Bissada as its new full-time president and chief executive officer, tasked with getting the company "running on all cylinders" again. The Post's Armina Ligaya writes that the 57-year-old former banking executive will face a daunting task when he starts on Aug. 3. That includes determining how to begin growing the company's mortgage book again, even as Home Capital and other non-prime lenders are poised to take a hit from proposed regulations that would tighten lending standards for uninsured mortgages. Mr. Bissada, however, says he is undeterred by the hurdles. He says: "I've never been afraid of transforming and taking something from one point until the other. I felt the nucleus of this company, as many people in the mortgage industry do, is really good. From the day the job was available I was very interested and put up my hand, and all the way along through the process, the further I got into the process, the more excited I was." Mr. Bissada will take over the role of CEO from board member Bonita Then, who has been serving on an interim basis.