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Board of Directors

The Board of Directors at Gulf & Fraser has a fiduciary or ‘trust’ relationship with the credit union. It acts independent of management and monitors the credit union in the collective best interests of all Gulf & Fraser members. The Board wears many hats and is responsible for guiding the credit union’s strategic direction through the creation of its mission and vision.

To learn more about the Board's responsibilities, including Board committees, read our latest Governance Report.

Click here to see highlights, financial results and community videos from our successful year in 2021.

Meet the members of Gulf & Fraser’s Board of Directors.

Floyd Yamamoto

PRESIDENT AND BOARD CHAIR

Doug Sweeting

VICE CHAIR

Linda Archer

​DIRECTOR

Lewis Bublé

DIRECTOR

Christine Dacre

DIRECTOR

Nate Hampson

DIRECTOR

​Bill Nohr

DIRECTOR

Howard Normann

DIRECTOR

David Sawatzky

DIRECTOR

Tracey Scott

DIRECTOR

​Lee Varseveld

DIRECTOR

Sonia Virk

DIRECTOR

CEO’s Office

The CEO’s Office, comprised of Co-CEOs Bill Kiss and Jeff Shewfelt, is accountable to the Board as a whole. In short, the CEO’s Office is the “spokesperson” for the credit union on all operational issues, decisions and policies, and is responsible for identifying trends, providing advice, and developing—for the Boards’ review—strategies to achieve Gulf & Fraser's mission, vision, and strategic objectives.

Other responsibilities of the Co-CEOs include:

  • Developing strategic and operational plans to support the strategic direction, vision, and mission as set by the Board of Directors
  • Reporting on the credit union’s monthly financial performance, as well as significant operational and community events, and updates on strategic initiatives
  • Developing credit union operating policies
  • Providing advice and guidance to the Board of Directors on strategic issues
  • Identifying opportunities and risks as well as ways to address them

Executive team 

​Bill Kiss

​CO-CEO

​Jeff Shewfelt

​CO-CEO

​Bobby Dhillon

CHIEF MARKETING OFFICER

Diane Sullivan

CHIEF PEOPLE AND CULTURE OFFICER

Ron Lee

CHIEF FINANCIAL OFFICER

Nelson Sandhu

CHIEF EXPERIENCE AND INNOVATION OFFICER

Mary Lynn Baker

CHIEF INFORMATION OFFICER

Scott Betts

CHIEF RISK OFFICER

Corporate reports

Learn more about Gulf & Fraser's commitment to our members by reading our past Annual Reports and accompanying financial statements. If you would like to review past governance reports from Aldergrove Financial (formerly Aldergrove Credit Union), send your request by email to inquiry@gulfandfraser.com.

 
 

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Governance

 

The credit union structure values the input and opinions of its members.

Each person who opens an account with Gulf & Fraser becomes an owner.

As a member, you receive a Membership Equity Share, making you a partial owner of the credit union. Your membership entitles you to vote on policies, elect Board members, and even run for a seat on the Board of Directors. 

As a financial co-operative, Gulf & Fraser is guided by the seven international principles of co-operatives:

  1. Voluntary and open membership
  2. Democratic member control
  3. Member economic participation
  4. Autonomy and independence
  5. Education, training and information
  6. Co-operation among co-operatives
  7. Concern for community

Governance and leadership at Gulf & Fraser is divided into two units: the Board of Directors and the CEO’s Office. Each with their own areas of responsibility, these two units work in partnership to achieve the objectives of our credit union.

Gulf & Fraser Rules 

The Credit Union Rules were established by Gulf & Fraser and are governed by the Credit Union Incorporation Act of British Columbia. The rules were updated in April 2021.

Download this document ​to read the rules for membership, shares and deposits, borrowing and lending, the Board of Directors, the election process, the annual general meeting, and other aspects of the credit union.

All members are invited to attend our Annual General Meeting, held in April of each year.