The $65 million Glendale Federal Credit Union in Glendale, Calif., has named Ehab Nawar as its president/CEO.
Nawar joined Glendale FCU in 2009 as chief financial officer and had been serving as interim CEO since last summer, the 4,100-member Glendale FCU said.
“The board has been impressed by Ehab’s knowledge, innovation and commitment to serving our members,” Donald “Jay” Kreitz, chairman of the credit union’s board of directors, said in a statement.
“He has introduced several new services, implemented new investment strategies, and provided strong leadership,” Kreitz said.
Nawar also has been an account manager in asset liability management at Xerox FCU, now Xceed Financial FCU, and has worked as an auditor for PricewaterhouseCoopers in Egypt, Scotland and Ohio.
“I’ve seen financial institutions all over the world, and Glendale Federal Credit Union embodies a community spirit I’ve come to admire so much,” Nawar said in the announcement.
“I’m pleased the board has decided to let me continue to serve our members,” he said.