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Team

Gary Fooks CEO & Co-Founder

Gary Fooks

CEO & Co-Founder

Gary is a highly accomplished leader in the Canadian mortgage industry, with numerous awards to his name. As the CEO and co-founder of 8Twelve Mortgage, a nationally licensed mortgage brokerage with top-tier institutional mortgage lending partners, he has established himself as a driving force in the industry. With extensive experience underwriting and funding over $2 billion in residential mortgages through A, B, and alternative channels, Gary has proven his expertise time and again. His excellence has been recognized through numerous awards, including being named a top 20 independent mortgage agent in 2016, 2017, and 2018, as well as a top 10 independent mortgage agent in 2017 and 2018. Gary is a licensed Mortgage Broker and holds a Bachelor of Science degree from the University of Western Ontario.

Akber Abbas, ICD President & Co-Founder
Akber Abbas, ICD.D
President & Co-Founder
Akber is a serial technologist, startup founder, and business strategist with deep expertise in FinTech, machine learning and AI, big data, and cybersecurity. He is currently the President, Chief Innovation Officer and Principal Broker of 8Twelve Mortgage.  Additionally, he has served as a member of the Mortgage Brokering Technical Advisory Committee at the Financial Services Regulatory Authority of Ontario (FSRA) for two years, and he now participates in the Board Stakeholder Committee. Akber has distinguished himself by successfully developing FinTech platforms that have enabled forward-looking industry disruption. Recently, he has been applying his expertise to designing better technology solutions for the financial sector, with a particular focus on the mortgage industry. Akber is a licensed Principal Broker and holds an ICD.D designation from the prestigious Rotman Directors Education Program.
Jason Baibokas, MBA, CFA Chief Financial Officer
Jason Baibokas, MBA, CFA
Chief Financial Officer

Jason Baibokas is a highly experienced finance professional with over 20 years of investment and capital markets experience. He has held key roles as a partner, steering committee member, and board member at both bulge bracket and boutique investment firms. Throughout his career, he has advised on and raised billions of dollars of capital across hundreds of alternative and public debt and equity transactions. Jason is particularly adept at identifying and capitalizing on market opportunities, and he was formerly a member of the Steering Committee of a boutique dealer that successfully exited to Stifel Financial (NYSE: SF). Prior to this, Jason held various roles in derivatives, structured products, and hedge funds at TD Financial Group and Merrill Lynch, where he launched Merrill’s first-ever principally protected note product in the Canadian market, raising over $140 million. Jason is a CFA charter holder and holds an MBA from the prestigious Rotman School of Management.

Steve Totani, MBA Director of Mortgage Investments
Steve Totani, MBA

Director of Mortgage Investments

Steve Totani is the Director of Mortgage Investments and has been instrumental in the success of 8Twelve’s alternative mortgage lending division for the past few years. With over a decade of experience in the real estate and mortgage industries and having closed hundreds of millions in real estate transactions, Steve brings a wealth of knowledge to the table. Throughout his career, Steve has worked with several Fortune 500 companies, including Sony, McDonald’s, and IBM, and has a proven track record of building high-performing teams in multiple disciplines. Steve is also a licensed Mortgage Broker and holds an MBA from the Indian Institute of Management Bangalore.

Gary Fooks CEO & Co-Founder

Gary Fooks

CEO & Co-Founder

Gary is a highly accomplished leader in the Canadian mortgage industry, with numerous awards to his name. As the CEO and co-founder of 8Twelve Mortgage, a nationally licensed mortgage brokerage with top-tier institutional mortgage lending partners, he has established himself as a driving force in the industry. With extensive experience underwriting and funding over $2 billion in residential mortgages through A, B, and alternative channels, Gary has proven his expertise time and again. His excellence has been recognized through numerous awards, including being named a top 20 independent mortgage agent in 2016, 2017, and 2018, as well as a top 10 independent mortgage agent in 2017 and 2018. Gary is a licensed Mortgage Broker and holds a Bachelor of Science degree from the University of Western Ontario.

Akber Abbas, ICD President & Co-Founder
Akber Abbas, ICD.D

President & Co-Founder

Akber is a serial technologist, startup founder, and business strategist with deep expertise in FinTech, machine learning and AI, big data, and cybersecurity. He is currently the President, Chief Innovation Officer and Principal Broker of 8Twelve Mortgage.  Additionally, he has served as a member of the Mortgage Brokering Technical Advisory Committee at the Financial Services Regulatory Authority of Ontario (FSRA) for two years, and he now participates in the Board Stakeholder Committee. Akber has distinguished himself by successfully developing FinTech platforms that have enabled forward-looking industry disruption. Recently, he has been applying his expertise to designing better technology solutions for the financial sector, with a particular focus on the mortgage industry. Akber is a licensed Principal Broker and holds an ICD.D designation from the prestigious Rotman Directors Education Program.
Jason Baibokas, MBA, CFA Chief Financial Officer
Jason Baibokas, MBA, CFA

Chief Financial Officer

Jason Baibokas is a highly experienced finance professional with over 20 years of investment and capital markets experience. He has held key roles as a partner, steering committee member, and board member at both bulge bracket and boutique investment firms. Throughout his career, he has advised on and raised billions of dollars of capital across hundreds of alternative and public debt and equity transactions. Jason is particularly adept at identifying and capitalizing on market opportunities, and he was formerly a member of the Steering Committee of a boutique dealer that successfully exited to Stifel Financial (NYSE: SF). Prior to this, Jason held various roles in derivatives, structured products, and hedge funds at TD Financial Group and Merrill Lynch, where he launched Merrill’s first-ever principally protected note product in the Canadian market, raising over $140 million. Jason is a CFA charter holder and holds an MBA from the prestigious Rotman School of Management.

Steve Totani, MBA Director of Mortgage Investments

Steve Totani, MBA

Director of Mortgage Investments

Steve Totani is the Director of Mortgage Investments and has been instrumental in the success of 8Twelve’s alternative mortgage lending division for the past few years. With over a decade of experience in the real estate and mortgage industries and having closed hundreds of millions in real estate transactions, Steve brings a wealth of knowledge to the table. Throughout his career, Steve has worked with several Fortune 500 companies, including Sony, McDonald’s, and IBM, and has a proven track record of building high-performing teams in multiple disciplines. Steve is also a licensed Mortgage Broker and holds an MBA from the Indian Institute of Management Bangalore.