Winnipeg Free Press - PRINT EDITION

COO becomes ACU CEO

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Manitoba's second-biggest credit union has a new leader.

Assiniboine Credit Union has hired Kevin Sitka, most recently Steinbach Credit Union's chief operating officer, as president and CEO. He replaces long-time chief, Al Morin, who will retire at the end of the year.

Sitka was selected after an extensive nation-wide search, said Margaret Day, chair of ACU's board.

"We knew from the moment we saw his resume that he was great executive material. He brings great values, great skills and great experience," she said.

Morin has run ACU since 1997 and has worked in the credit union system since 1974.

Assiniboine Credit Union has 24 branches, including 22 in Winnipeg, more than 110,000 members and assets of more than $3.5 billion. It is the 8th-biggest credit union in Canada by assets. Only Steinbach Credit Union, with $3.9 billion in assets, is bigger in Manitoba.

Republished from the Winnipeg Free Press print edition October 31, 2013 B7

History

Updated on Thursday, October 31, 2013 at 10:37 AM CDT: Kevin Sitko was COO at Steinbach Credit Union.

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