TORONTO - After four years as president/CEO of Credit UnionCentral of Canada, Joanne De Laurentiis will resign on Dec. 31.Michael Tarr, chairperson of the CU's board of directors, said onNov. 28 that the board has accepted the resignation of DeLaurentiis, who has been at the helm since November 2001. CreditUnion Central of Canada represents 534 credit unions and affiliatedcaisses populaires with combined assets of $82 billion, 4.8 millionmembers and 22,000 employees. De Laurentiis will take on a new roleon Jan. 16, 2006 when she becomes the president/CEO of theInvestment Funds Institute of Canada. The mutual fund tradeassociation represents nearly 2,000 large and small financialservice companies. "I wish Joanne well in her new endeavour," Tarrsaid. "She led Canadian Central during a time of growth and changein the industry and ensured that Central provides importantservices across the country." Tarr announced that David Phillipshas been appointed interim president and CEO. Phillips had beenvice-president, general counsel and corporate secretary of CanadianCentral. "I am confident that David can lead our strong managementteam along the course that we have set for the next year," Tarrsaid.