Home Capital Group Inc. today announced that Nick Kyprianou has been appointed president of both Home Capital and its subsidiary Home Trust Co., effective Jan. 1, 2008.

Having first joined Home Trust in 1992, Kyprianou was promoted through a succession of senior positions and currently serves as the company’s senior vp & COO, with overall responsibility for the company’s mortgage underwriting and sales activities, and Visa operations.

Prior to joining Home Trust, Kyprianou gained experience in the mortgage industry with other trust and mortgage companies. He graduated from McMaster University in 1986 with a BA in history, and completed an Executive Program at Queen’s School of Business in 2000 and the Institute of Corporate Directors Program at Rotman School of Business in 2007.

Brian Mosko, who has served as senior vp of Home Capital and Home Trust, will assume the additional role of COO on Jan. 1, 2008. Mosko joined Home Trust in 1989 and most recently has directed the company’s centralized mortgage servicing and administration departments.

Prior to joining Home Trust, he worked for the Bank of Montreal, Revenue Canada and Price Waterhouse. He graduated from the University of Windsor with an Honours Bachelor of Commerce degree and holds a Fellow of the Institute of Canadian Bankers designation (F.I.C.B.) and is a Member of the Credit Institute (M.C.I.).

Gerald Soloway will continue in his role as chief executive officer, and as a director of both Home Capital and Home Trust. It is anticipated that by delegating certain operational responsibilities, Soloway will remain well positioned to focus on the company’s strategic directions and on potential acquisition and growth opportunities, going forward.

Soloway stated, “I am delighted that Nick and Brian will soon be assuming these key operating roles. Having worked with both of them closely over the years, I know that they have the skills and experience required to balance all the critical factors that have contributed to the company’s past successes, and which are the foundation for an equally bright future.”

Also effective at the time of these two appointments will be various other senior management promotions to senior vp, vp and assistant vp level positions within the company.