New Year brings new search for CFO at Northern Savings Credit Union

Changes ahead in the Executive offices for Prince Rupert
based Northern Savings 

Prince Rupert based Northern Savings Credit Union is starting off 2023 by welcoming back a familiar face for what they hope is an interim period, that as the financial institution announces the departure of now former Chief Financial Officer Bimal Patel.

The notice posted to the Northern Savings Credit Union website offers up few details to the move, other than to state that effective immediately, the former CFO is no longer with the financial institution.

Coming in to assist Northern Savings for an interim period is Bill Nicholls, who will return to the Third Avenue West offices on January 9th, taking on the duties of Interim Chief Financial Officer.  

He stepped aside from his past duties in March of 2018. 

Mr. Nicholls previously served as Senior VP of Finance and CFO for fourteen years, part of a thirty year career in the financial sector, something Northern Savings notes will be of tremendous benefit.

As part of the Thursday announcement the financial institution notes that the search for a new CFO is underway. with Stefan Delloch, President and CEO for Northern Savings noting of what they are looking for in the next senior executive.

"This individual will possess exceptional knowledge of both the financial and credit union systems, unwavering commitment to Northern Savings’ vision, mission and values, and possess excellent collaborative and leadership skills.”

The full announcement can be reviewed here.

In addition to the Prince Rupert head office location on Third West, Northern Savings has operations on Haida Gwaii and in the Terrace region.

More notes on the Commercial Sector for the Northwest can be examined here.