DUCA welcomes new CEO

Toronto-Based Financial Institution Announces Doug Conick to be new CEO

TORONTO, Oct. 12, 2016 /CNW/ - DUCA Financial Services Ltd. announced today that it will be welcoming Mr. Doug Conick as its new CEO. Mr. Conick will assume the role effective November 2nd, 2016.

Mr. Conick is a respected and accomplished leader, with a long track record in financial services. His career has seen him succeed in a range of leadership roles, including President and Chief Executive Officer at Manulife Bank & Trust of Canada. After a long career at Manulife, Mr. Conick has worked as a Board Director and sought after advisor to a variety of financial services and fintech companies.

DUCA's Chairman, Mr. Tom Vandeloo, along with the rest of DUCA's Board of Directors, are pleased to welcome Mr. Conick to DUCA as its CEO. "Mr. Conick brings a wealth of financial services expertise to DUCA. His clear and strategic thinking, along with his passion for the credit union system will be an important guide for us as we continue to grow and evolve as a financial institution.", says Mr. Vandeloo.

When asked for comment about his acceptance of the CEO position at DUCA, Mr. Conick said "We have a great opportunity in front of us at DUCA, I look forward to getting started and building on DUCA's history of success."

About DUCA:
DUCA Financial Services Credit Union Ltd. (DUCA) was formed in 1954 and has grown from a single branch credit union in Toronto to 15 branches across Southern Ontario with nearly 50,000 Members. DUCA provides innovative Co-Operative Banking as an attractive alternative to traditional banking institutions. Visit: www.DUCA.com

SOURCE DUCA Financial Services Credit Union Ltd.

Image with caption: "DUCA Financial Services Credit (CNW Group/DUCA Financial Services Credit Union Ltd.)". Image available at: http://photos.newswire.ca/images/download/20161012_C4211_PHOTO_EN_794448.jpg

For further information: Keith Taylor, AVP, Community and Public Relations, DUCA Financial Services Credit Union Ltd., ktaylor@duca.com, 416-223-8838

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DUCA Financial Services Credit Union Ltd.

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