SOURCE: Coast Capital Savings Credit Union

Coast Capital Savings Credit Union

February 10, 2016 14:56 ET

Coast Capital Appoints Risk Management Veteran Bruce Schouten as Chief Risk Officer

SURREY, BC--(Marketwired - February 10, 2016) - Coast Capital Savings has gained the expertise of seasoned risk management executive Bruce Schouten, who joined the credit union's senior leadership team as Chief Risk Officer on February 9, 2016.

Mr. Schouten recently held senior positions at OSFI (Office of the Superintendent of Financial Institutions) and TD Bank, where he helped to build, and led for several years, the enterprise risk management function for the entire organization. He has more than 25 years of experience in all facets of the financial services industry, including corporate and commercial lending and credit adjudication, credit policy, and enterprise risk management.

"Bruce is a collaborative senior financial executive with a track-record of bringing out the best in teams to improve customer experience and business results," said Don Coulter, president and CEO. "He brings first-class risk management capabilities to the organization and his leadership in group risk management will be instrumental in supporting our value proposition to improve the financial well-being of our members through simple financial help."

"Coast Capital Savings has such a fantastic reputation for innovation and simple financial help. I'm excited to be coming on board, and supporting Coast Capital's growth and continued success," Schouten said. "I look forward to getting to know the Coast Capital team and serving our members."

Schouten is a Chartered Financial Analyst and has a Bachelor of Science, Computer Science & Business Administration from the University of Guelph, and a Master of Business Administration from the University of Western Ontario. As Chief Risk Officer, he will be instrumental in guiding Coast Capital's prudent and sustainable growth. 

Coast Capital Savings is Canada's largest credit union by membership, owned by its 522,000 members. It has 50 branches in the Metro Vancouver, Fraser Valley, and Vancouver Island regions of British Columbia and has exciting plans to grow. Product innovations include Canada's first free chequing account from a full-service financial institution. In 2014, it invested $5.7 million into local communities, focusing on empowering and engaging youth. Coast Capital is one of Canada's 10 Most Admired Corporate Cultures™, a member of Canada's Best Managed Companies Platinum Club, and an Imagine Canada Caring Company. To learn more, visit coastcapitalsavings.com.

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