Central 1 announces change in leadership
Sheila Vokey appointed interim CEO
VANCOUVER, BC (February 26, 2021) —
Today, Central 1 announced that Mark Blucher has stepped down as President and CEO of Central 1 Credit Union to pursue a different future. Sheila Vokey has been appointed interim President and CEO, effective immediately, while the Board of Directors undertakes an executive search process to select a new President and CEO.
“We are incredibly grateful for Mark’s exceptional leadership and many contributions to both Central 1 and the industry,” said Bill Kiss, Chair of the Board of Directors. “Mark has been instrumental in positioning Central 1 as the partner of choice for financial, digital banking and payment products and services. We wish Mark all the best.”
Interim-President and CEO Sheila Vokey previously served as Central 1’s Chief Financial Officer and brings over 25 years of experience in business, risk and financial leadership, including holding senior roles at Payments Canada and the Bank of Canada. Ms. Vokey has an extensive understanding of Central 1 and will continue to deliver the products and services necessary to meet the diverse needs of our members and clients.
“Central 1’s work is underpinned by the strength of our people who have made considerable efforts to ensure our members and clients can effectively operate in this uncertain environment due to the COVID-19 pandemic,” said Ms. Vokey. “We remain committed to providing a high-level of service while adapting, anticipating change, and remaining agile to the needs of our members and clients.”
The Board of Directors is setting up a Leadership Search Committee, which will immediately begin the executive search process for selecting a new President and CEO.
About Central 1 Credit Union
Central 1 cooperatively empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $10.9 billion as of September 30, 2023, Central 1 provides critical
services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products, and services to support the financial well-being of their more than five million diverse customers in communities across Canada. For more information, visit www.central1.com.
