by
Courtney Hitchings-Schlosser | Jan 12, 2024
FOR IMMEDIATE RELEASE – January
12, 2024
AFFINITY CREDIT UNION ANNOUNCES NILESH KAVIA AS NEW CHIEF EXECUTIVE OFFICER
SASKATOON, SASKATCHEWAN – Affinity Credit Union’s Board of Directors is pleased to announce Nilesh Kavia as its new Chief Executive Officer (CEO) effective February 1, 2024.
As a purpose-driven and highly effective leader with more than two decades of senior leadership and executive experience, Kavia’s strategic vision and principles align seamlessly with Affinity’s organizational values and goals. His passion for innovation, community investment and dedication to fostering a collaborative and inclusive workplace culture will undoubtedly contribute to Affinity’s next phase of growth and success.
“We are excited to have such an accomplished and visionary leader assume the role of CEO and are confident that under his leadership, our credit union will continue to thrive, innovate, and serve our members and communities with the level of excellence they expect from Affinity,” said Board Chair, Mitchell Anderson.
Kavia joined Affinity in 2017 as EVP, Strategy Execution & Operations and later assumed the responsibilities of Chief Data & Operations Officer. His belief in fostering positive team engagement and empowering people to deliver results, led to the success of many strategic initiatives. In 2022, Kavia took on the role of Chief Financial Officer, contributing significantly to Affinity's continued success through highly effective financial and balance sheet management.
“It is an honour and a privilege to lead Affinity Credit Union as we continue to serve our members and communities with integrity and excellence. Our Board of Directors has provided a clear vision and direction for our organization, and I am proud of the work that our dedicated employees do every day to make a positive difference in people’s lives. Affinity experienced unprecedented growth over the past decade, establishing ourselves as a financial institution of choice for those looking for values alignment and personalized advice. Saskatchewan is my home and I look forward to building a bright future together.” said Kavia.
“The board believes that Nilesh's vast expertise will not only enhance Affinity’s already solid position as a leading credit union in the province but will further strengthen our commitment to delivering remarkable service to our members through its team of skilled and valued employees,” said Anderson.
Kavia will take over as CEO on February 1, 2024, succeeding Mark Lane who is retiring after more than 44 years in the credit union system. The Board of Directors thanks Lane for his outstanding contributions and remarkable achievements and welcomes Kavia to the new role.
About Affinity Credit Union
Affinity is a values-based, co-operative financial institution and the 10th largest credit union in Canada. With $9.5 billion in managed assets and more than 144,000 members, it has the branch network in Saskatchewan with 50 advice centres in 41 communities, including Saskatoon and Regina. Affinity employs a professional workforce of over 800 individuals, is 100% member-owned and seeks to lives its vision of building a better world for everyone every day.
As a Saskatchewan-born financial co-operative, Affinity's advisors understand members’ local needs, believe people come before profits, and are dedicated to offering great products, competitive rates and genuine, professional advice. By choosing to bank with Affinity, members make it possible for profits to be reinvested in vibrant local communities. Affinity also supports non-profit organizations, local programs, initiatives and events that improve lives, strengthen communities and genuinely make a difference.
For additional information, contact:
Tricia Zinkowski
Communications Manager
tricia.zinkowski@affinitycu.ca
306.385.4623