PACE Insurance Brokers Appoints New CEO

VAUGHAN, ONTARIO--(Marketwired - July 19, 2017) - PACE Insurance Brokers Ltd. is pleased to announce the appointment of Mitchell Singer as Chief Executive Officer.

Formed in 2014, PACE Insurance Brokers is a wholly owned subsidiary of PACE Securities Corp, whose parent company is PACE Savings & Credit Union Ltd.

PACE Credit Union CEO Phillip Smith says, "After a thorough selection process, we know that Mitchell is the right person to lead our insurance division. As a lawyer and highly experienced specialist in insurance products and tax planning, coupled with his entrepreneurial experience and passion to lead, we know that he has everything it takes to make PACE Insurance Brokers successful."

Since his call to the Bar in 2000, Singer's professional career has been centered in the financial services industry. He has worked with National Life, Canada Life, CIBC Wood Gundy, and worked for a time as an independent financial advisor. Singer also led Transamerica Life Canada's Tax and Estate Planning team as Assistant Vice-President where he was responsible for building and managing the department.

Singer says, "My top priorities will be to introduce technologies that will unify PACE members' insurance needs, along with developing solutions for their estate planning needs. I look forward to the challenge and the opportunity to work with the PACE team."

During his prolific career, Singer also found time to co-author, "Succession Planning for Family Business: Preparing for the Next Generation," which coaches readers on how to talk about financial matters within family businesses so that future generations "survive and thrive."

"Mitchell's vision and expertise will provide our members with sophisticated insurance-based solutions. We look forward to seeing what Mitchell does as he builds upon the success of PACE Insurance Brokers," added Smith.

When fully operational, PACE Insurance Brokers will provide access to life insurance, estate planning and tax solutions to over 40,000 PACE Credit Union members.

About PACE Insurance Brokers Ltd.

Established in 2014, PACE Insurance Brokers is licenced as a life agency operating out of Vaughan, Ontario. It offers life insurance, segregated funds and disability insurance from a number of major insurers.

About PACE Savings and Credit Union Ltd.

PACE Credit Union's Ontario roots trace back over 60 years including the membership of Farmunited Co-op, the first credit union incorporated under the new Credit Union Act of 1940. Over the decades, PACE has grown, meeting their members' and community's financial needs. Headquartered in Vaughan, Ontario, PACE serves its 40,000 members holding over $1 billion in assets through 18 locations. To find out more about cooperative banking at PACE, visit pacecu.ca, follow @PACECU on Twitter, or find us on Facebook.