Merging credit union’s leadership named

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Westoba Credit Union, Caisse Financial Group and Assiniboine Credit Union have listed the board of directors, chief executives and senior leaders for the new brand.

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Hey there, time traveller!
This article was published 15/11/2024 (549 days ago), so information in it may no longer be current.

Westoba Credit Union, Caisse Financial Group and Assiniboine Credit Union have listed the board of directors, chief executives and senior leaders for the new brand.

The board of the new brand, Assiniboine Credit Union/Caisse Assiniboine, will be chaired by Garnet McBurney, the former chair of Westoba Credit Union when the merger is official on Jan. 1, 2025.

Current Westoba president Jim Rediger and Caisse CEO Joël Rondeau have joined the executive team reporting to president Kevin Sitka, the company said in a joint press release issued Thursday.

The merger partners said the board and employees of the new entity would fairly and accurately reflect the talent and deep experience of Assiniboine Credit Union, Caisse Financial Group and Westoba Credit Union.

The leadership teams from Assiniboine, Caisse and Westoba have accepted positions at the senior leadership level in the new entity, the release added.

In June, members of the financial institutions voted by a large margin to support the proposed merger of the three organizations.

The members participated in online voting from June 6 to June 19, with 89 per cent of Assiniboine members, 84 per cent of Caisse members, and 88 per cent of Westoba members endorsing the merger.

Sitka said the companies have spent the last few months making sure they have the right leadership team in place.

“The team includes all of the senior leaders from the three organizations,” Sitka said. “If we’re going to build the most uniquely Manitoban credit union, we’ll need all the talent, experience and passion that got us this far.”

Rondeau said the firms could not have imagined a better team to lead.

“I am very proud that the entire Caisse leadership that I’ve been working with all these years will be there with me as we create the new Assiniboine Credit Union/Caisse Assiniboine together,” Rondeau said. “I’m inspired by the fact that at least 26 per cent of all the individuals who are on the board, executive and senior leadership teams are francophone.”

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