Pledge to donate $1 for each vote results in $20,000 donation to local
Boys and Girls Clubs
SURREY, BC, May 5 /CNW/ - Coast Capital Savings' 2011 directors election
resulted in wins not just for incumbent Mary Jordan and new board
members Robin Chakrabarti and Susan Senecal, but also for local Boys
and Girls Clubs.
That's all thanks to a pledge by Coast Capital to donate $1 for every
valid ballot cast to the Boys and Girls Club Services of Greater
Victoria and the Boys and Girls Clubs of South Coast BC. The record
turnout in the credit union's first ever online election garnered
$20,000 for the two organizations.
"Our 2011 board election was historic, not only because we became the
first credit union in Canada to implement electronic voting through our
online banking platform, but also because we used the process as
another opportunity to support the communities we have the privilege of
serving," said Coast Capital Savings board chair Bill Wellburn. "Our
members have chosen three excellent candidates to serve on the board
and the outcome is a win for both Coast Capital and our local Boys and
Members gave the nod to Mary Jordan to serve for another term on Coast
Capital's board, which she first joined in 2008. Jordan is currently
chair of the Vancouver International Airport board and a director on
the Vancouver Aquarium and Vancouver Opera boards. She also previously
served as a director of the Vancouver Board of Trade and in senior
executive positions with Air Canada and American Airlines.
Wellburn said the two newly elected directors, Robin Chakrabarti and
Susan Senecal, both bring critical business and board experience to
Coast Capital's governance process.
With a background in commercial banking, Chakrabarti's past leadership
roles include serving as VP finance and also VP and general manager for
Canadian Springs, prior to becoming a founding partner at Empresario
Capital. His varied board experience includes serving as current chair
of the Vancouver Society of Children's Centres and current director
positions on the boards of We Care Health Services and RAMMP
Hospitality Brands Inc.
Senecal is vice president, operations, for A&W Food Services of Canada
and previously served as director of operations and general manager for
the restaurant chain's activities in eastern Canada. In this role she
led development, implementation and management of operations and
strategies supporting growth of high-calibre franchises, resulting in
accelerated new restaurant development. Senecal currently sits on the
board of the Canadian Restaurant and Food Services Association.
The newly elected directors will serve a three-year term on the Coast
Capital board. Other members of the board are Bill Wellburn (chair),
Doug Brownridge, Daniel Burns, Bill Cooke, Christian Findlay, Karen
Kesteloo and Glenn Wong.
Wellburn commended two directors who retired this year from Coast
Capital's board, Doug Stone and Gail Stephens, for their exemplary
"Doug has been a member of the board for 17 years and has made
significant contributions to Coast Capital and Gail has played an
important role bringing her financial and executive expertise to the
board since 2008," Wellburn said. "Our entire membership is grateful
for their commitment and dedication to Coast Capital Savings."
For detailed results of the 2011 directors election and to learn more
about governance at Coast Capital Savings, visit the credit union's
website at www.coastcapitalsavings.com.
To learn more about the Boys and Girls Club Services of Greater Victoria
and the Boys and Girls Clubs of South Coast BC (formerly the Boys and
Girls Clubs of Greater Vancouver) or to donate to these organizations,
visit their websites at www.bgcvic.org and www.bgc-gv.bc.ca, respectively.
Coast Capital Savings Credit Union is one of Canada's largest credit
unions with total assets under administration of $12.3 billion, more
than 454,000 members and 50 branches in the Metro Vancouver, Fraser
Valley, and Vancouver Island regions of British Columbia. Product
innovations include Canada's first free chequing account from a
full-service financial institution and the country's most flexible
mortgage product, the You're the BossTM Mortgage, which was named 2010 Mortgage of the Year by canadianmortgagetrends.com. Coast Capital is a member of Canada's Best Managed Companies Platinum
Club and an Imagine Canada Caring Company.
SOURCE Coast Capital Savings Credit Union
For further information:
Manager, media relations, Coast Capital Savings