Justice and Consumer Affairs

Appointments to Credit Union Deposit Insurance Corporation announced (08/12/15)

NB 1827

Dec. 15, 2008

FREDERICTON (CNB) - The appointment of three new directors to the board of the New Brunswick Credit Union Deposit Insurance Corporation (NBCUDIC) were announced today by Justice and Consumer Affairs Minister T.J. Burke.

"These new directors bring a wealth of experience from diverse areas, from law to entrepreneurship," said Burke. "I trust they will work diligently to carry out the mandate of the NBCUDIC. I would also like to take this opportunity to thank those who submitted expressions of interest to serve, through our website, which reflects our Charter for Change commitment to improve the appointment process for agencies, boards and commissions."

The new board members are Kent Fox and Paul Levesque of Fredericton, and Paulette Robert of Losier Settlement. Fox, appointed for a three-year term, is an entrepreneur and mortgage broker; Levesque, appointed for a two-year term, is a lawyer practising in the Fredericton area; and Robert, appointed for a three-year term, is executive director of the Community Business Development Corp. - Acadian Peninsula. All three have previous experience serving on local boards.

The new directors will join Donald French of Moncton, who has been reappointed for a two-year term. French is a chartered accountant, and currently serves as a department head at the Université de Moncton.

The NBCUDIC was established, and obtains its mandate and authority, under Part XIII of the Credit Unions Act. Its purposes are to:

Appointed members have a term of up to three years, and are eligible for reappointment for a maximum of nine consecutive years.

08/12/15

MEDIA CONTACT: Elaine Bell, communications, Department of Justice and Consumer Affairs, 506-453-6543.

08/12/15