Canada’s credit unions elect new Board of Directors to lead national industry association

September 22, 2015

Toronto, ON (September 15, 2015) – Credit Union Central of Canada is pleased to announce the names of the credit union leaders elected to the Board of Directors of the Canadian Credit Union Association (CCUA). This new Board, which consists of 16 directors in total (11 directors elected by credit unions and five directors appointed by regional Centrals), brings together credit union leaders from every region of Canada, and represents credit unions of all sizes.

Through transparent governance, the CCUA Board will be directly accountable to its members – the credit unions and caisses populaires it directly represents – and will be responsible for helping to provide the system with opportunities for growth.

The new Board will help guide CCUA as it assumes the national trade association activities of Credit Union Central of Canada. The new Board will be working closely with the current Credit Union Central of Canada Board to oversee this transition to be completed by year end.

“As a new industry organization, CCUA requires an ambitious, passionate and decisive Board. Credit Union Central of Canada is a key national voice of credit unions and leads our industry on the complex market issues across Canada. Our mandate as we transition to the CCUA is to continue to advocate for change, to provide educational opportunities for credit union staff, and help the system as a whole grow and prosper,” stated Credit Union Central of Canada Board Chair Daniel Burns. “I know that this new Board will help us in our efforts to increase our influence with the federal government and regulators, as well as with key media and every day Canadians. Over the past few years, we have worked hard to build a strong foundation – this new Board, with support of our executive team, will build on this strong legacy for even greater success.”

The new Board of Directors, as organized by peer group, includes:

Peer Group 1 (total six directors)

  1. Stephen Bolton, President & CEO, Libro Credit Union, ON
  2. Don Coulter, President, CEO, CFO, Coast Capital Savings Credit Union, BC
  3. Paul Kelly, CEO, Connect First Credit Union, AB
  4. Bill Maurin, President & CEO, Meridian, ON
  5. Kevin Sitka, President & CEO, Assiniboine Credit Union, MB
  6. Camille Thériault, President & CEO, Fédération des caisses populaires acadiennes, NB

Peer Group 2 (total three directors)

  1. Pierre Amyotte, CEO, Lakeland Credit Union, AB
  2. Martin Komsa, President & CEO, Windsor Family Credit Union, ON
  3. Kelly McGiffin, President & CEO, FirstOntario Credit Union, ON