Kindred Credit Union CEO to Retire

Kitchener, ON – After nine influential years as chief executive officer (CEO) of Kindred Credit Union (Kindred), Brent Zorgdrager will be retiring at the end of 2018.

“Brent leaves a legacy of regeneration and growth,” shared Leroy Shantz, Chair of the Board of Directors. “He has provided visionary leadership and commitment to action in building the long-term financial sustainability of the credit union, while at the same time ensuring Kindred continues to fulfill its purpose to inspire peaceful, just, and prosperous communities.“

Brent joined the credit union as chief financial officer in 2007, was selected to serve as CEO in August 2009, and began the role January 1, 2010. Prior to joining Kindred as a staff member, Brent volunteered on the credit union’s Council of Members from 1991 to 1993 and Board of Directors from 2000 to 2006.

“Kindred members, staff, and volunteers have created something amazing together,” Brent noted. “Leaving an organization that I’ve been a part of for so many years, and whose heart so aligns with my own deeply held values and convictions, is not easy. In fact, this decision was the most difficult one I’ve made in my entire working life. However, I’m convinced it is the right choice at the right time.”

Under Brent’s leadership, assets at Kindred have grown to over $1 billion, making it the tenth largest credit union in Ontario. Further, more than 5,000 new members joined Kindred during his tenure, bringing total membership to over 22,000. With integrity and commitment, Brent and the Board led the then-52-year-old Mennonite Savings and Credit Union through a collaborative renaming process to become Kindred Credit Union. By rebranding, the established financial cooperative appealed to a broader audience, while embedding its long-standing and unwavering commitment to connect values and faith with finances.

The original vision for the credit union continues to guide Kindred’s approach to business and Brent’s leadership has sustained this commitment to integrity, compassion, and stewardship. Kindred’s core values are lived out through its members and in community with the churches and charitable organizations that it supports financially and through volunteering. This is evidenced by the Kindred Credit Union Charitable Fund which, in 2018, will surpass the $1 million mark in cumulative giving since its inception in 1999. Engagement with likeminded organizations such as the Global Alliance for Banking on Values, a network of banking leaders from 46 financial institutions around the world, illustrates Kindred’s ongoing and growing commitment to positive social impact through Banking with Purpose.

Kindred co-founded Meritas Financial Inc. (Meritas), a pioneering socially responsible investment (SRI) company, which began operating in 2000. Brent played an influential role in the 2010 merger between Meritas and Qtrade Financial Group, with the conviction that the sale would expand the impact and extent of SRI beyond Kindred’s membership to all Canadians. In the eight years since the merger, Meritas SRI Funds’ assets have expanded nine fold.

“I’m proud of what Kindred has accomplished during my tenure as a director and leader, and as a member I look forward to seeing the credit union continue to inspire peaceful, just, and prosperous communities in familiar and new ways!” Brent shared.

Kindred’s Board and staff wish Brent all the best in retirement and thank him for his years of dedicated service. The timeline for Brent’s retirement allows for an orderly and seamless leadership transition. The Board’s search for a new CEO is expected to begin in April.

Kindred’s Annual General Meeting will be held on Tuesday, April 10, 2018 and there will be an opportunity after the meeting for members to chat with Brent and fellowship together over refreshments.

About Kindred Credit Union

Kindred Credit Union is a member-owned financial cooperative based in Kitchener, Ontario. Kindred’s values-centred approach is woven into everything we do and makes us the one-of-a-kind choice for people across Ontario who want to connect their values and faith with their finances. Through Kindred’s eight full-service branches and our award winning online banking platform, we offer our members a complete range of banking, borrowing, and investing products and services. For more information please visit www.kindredcu.com

For more information, please contact:

Frank Chisholm
Director, Brand and Marketing
Kindred Credit Union
519.746.1010, Ext. 5211
frank.chisholm@kindredcu.com

 

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