- Vancity’s New CEO:
- Canadian credit union Vancity has appointed Wellington Holbrook as its new President and CEO, effective from January 15, 2024.
- Wellington Holbrook will succeed Nez Aquino, who served as interim CEO since July 2023, following the departure of former CEO and President Christine Bergeron in April.
- Holbrook, with a career spanning three decades, was previously the CEO of Connect First Credit Union in Alberta. He also served as Chief Operating Officer at Connect First Credit Union from 2020 to 2022.
- Before his role at Connect First Credit Union, Holbrook spent nearly a decade at ATB Financial, where he held various senior leadership roles, including Chief Transformation and Technology Officer.
- In his earlier career, he spent 15 years at the Business Development Bank of Canada, contributing to leadership positions in shaping the bank’s business across Western Canada.
- Holbrook expressed dedication to cooperatives and banking institutions with missions beyond profits, emphasizing the importance of banking in creating opportunities and contributing to a better world.
- Vancity, as Canada’s largest credit union, serves over 560,000 member-owners and their communities across 50+ branches, with approximately $25 billion (CAD 34 billion) in assets.
