TORONTO - After four years as president/CEO of Credit Union Central of Canada, Joanne De Laurentiis will resign on Dec. 31. Michael Tarr, chairperson of the CU's board of directors, said on Nov. 28 that the board has accepted the resignation of De Laurentiis, who has been at the helm since November 2001. Credit Union Central of Canada represents 534 credit unions and affiliated caisses populaires with combined assets of $82 billion, 4.8 million members and 22,000 employees. De Laurentiis will take on a new role on Jan. 16, 2006 when she becomes the president/CEO of the Investment Funds Institute of Canada. The mutual fund trade association represents nearly 2,000 large and small financial service companies. "I wish Joanne well in her new endeavour," Tarr said. "She led Canadian Central during a time of growth and change in the industry and ensured that Central provides important services across the country." Tarr announced that David Phillips has been appointed interim president and CEO. Phillips had been vice-president, general counsel and corporate secretary of Canadian Central. "I am confident that David can lead our strong management team along the course that we have set for the next year," Tarr said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.