Island Savings' Rod Dewar to lead Credential's Board of Directors
April 2, 2013 – Vancouver, BC – Credential Financial is pleased to announce that Rod Dewar, President and CEO of Island Savings, has been elected as the Company's Board Chair. Also, Russell Fast, Board Chair of Credit Union Central of Manitoba, has been elected as Vice Chair.
"I'm looking forward to assuming additional responsibilities as Credential's Board Chair," said Rod, Dewar. "With the strategic initiatives set in motion by the Company's executive team, Credential is experiencing substantial organic growth despite the challenging economic climate. I'm eager to contribute to building on this and continue evolving our wealth management offerings to better serve our partners and their clients."
As head of Island Savings, Rod Dewar leads a $1.5 billion banking, wealth and insurance business, employing 450 staff and operating 15 branches on Vancouver Island. He has been a member of the Credential Board of Directors since 2008.
"Rod has been a valuable asset to our Board for years, and I'm pleased to see him in this new role. He is a strong advocate of Credential's current business strategy, and as our previous Vice Chair, brings a wealth of experience and knowledge to the role," said Doce Tomic, President and CEO, Credential.
"We have laid a solid strategic foundation working with our Board and former Chair, Chris Catliff, President and CEO of North Shore Credit Union. Chris was instrumental in setting our current direction particularly in his contribution to our recent transition to becoming a self-clearing IIROC brokerage firm," added Tomic.
About Credential Financial Inc.
Credential Financial is a national wealth management firm, with over 20 years of experience in the Canadian financial services industry, offering a full suite of products and services to over 225 organizations and more than 1,300 advisors. Credential and its member companies (Credential Asset Management, Credential Securities, Credential Direct, and Credential Insurance Services) provide MFDA and IIROC dealer services, online brokerage, and insurance solutions to credit unions and independent financial institutions across Canada. For more information, visit www.credential.com.