BURLINGTON, Ontario, Canada – After nine years as CEO of CUMISof Canada, T. Michael Porter has announced he will step down.Porter is also resigning his role as venture manager of the CreditUnion Insurance Services (CUIS) program. CUMIS of Canada is asubsidiary of CUNA Mutual Group. CUMIS Group, based in Burlington,Ont., markets insurance, retail and wealth management products toCanadian financial co-operatives, credit unions and caissespopulaires and their members. The principal companies of CUMISGroup are: * The CUMIS Group Limited * CUMIS Life Insurance Company* CUMIS General Insurance Company * Canadian Northern ShieldInsurance Company * CUIS Brokerage Services Limited In hisresignation Porter said, “I have especially enjoyed the people –including our customers at Canadian credit unions and caissespopulaires, my fellow employees, our partners at provincialcentrals and system strategic partners, and the team at CUNA MutualGroup, which provided tremendous support and guidance throughoutthe years. I will always appreciate the relationships andfriendships that I was able to forge, and I will forever hold closeto me the core values of the system and CUMIS.” Prior to coming toCUMIS, Porter was a 25-year veteran of the insurance industry.CUMIS has provided a variety of insurance, retirement and wealthmanagement services to the Canadian credit union movement since1937. Chris Catliff, CUMIS Chairman reassured customers by saying,“The CUMIS Group has a solid 2006 business plan and a five-yearstrategic plan that will guide the organization's focus for yearsto come, while also ensuring continued success for our customersand organization. He will be missed but we wish him happiness,health, and success as he enters this next phase of his life.” Theorganization says its “top priority is to walk in step with creditunions across Canada.” A search has begun to find a replacement.Porter said he would stay on until a new CEO is on board.