Manitoba credit union leadership set post-merger
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Hey there, time traveller!
This article was published 14/11/2024 (386 days ago), so information in it may no longer be current.
When the merger of Assiniboine Credit Union, Westoba Credit Union and Caisse Financial Group takes effect Jan. 1, the CEOs of the three previously independent operations will all remain on board.
It had already been established ACU CEO Kevin Sitka will assume the same role in the merged entity, to be called Assiniboine Credit Union/Caisse Assiniboine.
Joel Rondeau, CEO of Caisse, and Jim Rediger, CEO of Westoba, will assume the title of chief strategic project officer. Garnet McBurney, former chair of Westoba, will become the new chairman of the board of ACU/CA.
The leadership teams from all three units will stay on. The merged entity will have more geographic breadth than any credit union in the province.
It had previously made a commitment to have a minimum of two francophone board members, but when it is formally constituted, five of its 12 board members will be francophone.
The new entity will have 216,000 members and $9.6 billion in assets.
— Free Press staff