Ken Doleman is no longer the president and CEO of Northern Savings Credit Union.

Northern Savings Credit Union to re-examine ‘strategic direction’ before seeking new CEO

Northern Savings Credit Union is once again searching for a president and chief executive officer following the departure of Ken Doleman.

Northern Savings Credit Union is once again searching for a president and chief executive officer following the departure of Ken Doleman.

The credit union made the announcement of Doleman’s departure in mid-March, though no reason was given for Doleman no longer being a part of Northern Savings Credit Union.

“We are very, very thankful for the work Ken Doleman has done over the past two-and-a-half years, but life goes and people move on to wherever destiny takes them,” said Northern Savings Credit Union board chair Nirmal Parmar.

“We have a very experienced, long-serving senior management team and business is proceeding usual and going very smoothly.”

The board has appointed senior vice-president and chief operations officer Sharon Stromdahl as interim president and CEO. Before the search begins for a new CEO, Parmar said the board will be revisiting its strategic direction.

“The financial market is a very competitive one, so we have to do strategic planning to ensure we are serving our customers in the best way we can,” he said, noting it is not related to the departure of Doleman.

“Strategic planning is something we do as a board all the time to improve the service, our products and the training for our staff.”

Doleman was appointed president and CEO in May 2012, taking over from then-acting president and CEO Bill Nicholls following the passing of long-time CEO Mike Tarr. Doleman arrived on the North Coast after spending 12 years as the CEO of Swan Valley Credit Union in Swan River, Manitoba.

The change over comes less than a month before planned membership meetings on April 8 in Masset, April 9 in Queen Charlotte, April 13 in Terrace and the Annual General Meeting scheduled for April 15 in Prince Rupert.

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