In a move poised to further solidify Vancity’s position as a leader in the Canadian financial landscape, seasoned industry veteran Wellington Holbrook officially assumed the role of President and CEO on January 15, 2024. Holbrook succeeds Nez Aquino, who served with distinction as interim CEO following the departure of Christine Bergeron in April 2023.
Holbrook brings to Vancity a distinguished 30-year career marked by impactful leadership and a deep commitment to the cooperative banking model. His previous roles encompass steering Alberta’s Connect First Credit Union through successful mergers and rebranding initiatives, holding key executive positions at ATB Financial, and driving strategic growth at the Business Development Bank of Canada.
“Vancity’s unwavering dedication to its members and communities, coupled with its innovative approach to financial services and unwavering commitment to social responsibility, resonates deeply with me,” stated Holbrook upon commencing his new role. “I am honored to join such a dynamic organization and eager to collaborate with its talented team to build upon its rich legacy and chart a course for continued success.”
Vancity, Canada’s largest credit union, boasts over 560,000 member-owners and a robust network of 50+ branches. With assets exceeding $34 billion, the institution holds a prominent position within the financial sector, renowned for its unwavering commitment to financial literacy, empowering marginalized communities, and championing environmental sustainability.
Holbrook’s appointment signals a new chapter for Vancity, one marked by experienced leadership and a shared vision for a brighter, more equitable future. His extensive experience in navigating complex financial landscapes, coupled with Vancity’s inherent commitment to its core values, positions the institution for continued growth and impact in the years to come.
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