Pacific & Western appoints new Director

LONDON, ON, Nov. 11 /CNW/ - Pacific & Western Credit Corp. (TSX:PWC) is pleased to announce that, at the recommendation of its Human Resources & Corporate Governance Committee, it has appointed Robbert-Jan Brabander as a new Director of PWC's wholly-owned subsidiary, Pacific & Western Bank of Canada (the "Bank").

Mr. Brabander has Master's and Bachelor's Degrees in Economics and Business Management and brings with him a wealth of experience in finance and treasury, having held senior positions with a large multinational company.

David Taylor, President & C.E.O. of Pacific & Western stated, "I am very pleased with the appointment of Robbert-Jan Brabander to the Board of the Bank. His corporate finance and capital markets experience will effectively complement our existing Board."

Pacific & Western Bank of Canada is wholly owned by Pacific & Western Credit Corp., whose shares trade on the TSX under the symbol PWC.

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