PACE Savings & Credit Union names Barbara Dirks as new CEO [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
PACE Savings & Credit Union names Barbara Dirks as new CEO PACE is based in Vaughan, Ont., and has more than 39,000 members. Fred Lum/The Globe and Mail PACE is based in Vaughan, Ont., and has more than 39,000 members. PACE Savings & Credit Union Ltd. has hired banker Barbara Dirks as its new chief executive officer, marking a milestone in its recovery from a scandal that prompted a regulator to seize control of the credit union. Ms. Dirks was formerly an executive at Royal Bank of Canada and Bank of Montreal, and most recently served as head of Canada for Silicon Valley Bank, the California-based lender that caters to technology companies and startups. She left SVB last June , citing personal reasons. PACE is based in Vaughan, Ont., and has more than 39,000 members. But it has been under a regulator’s control since the fall of 2018, when the credit union’s top executives were fired over alleged misconduct. The Finance Services Regulatory Authority of Ontario (FSRA) alleges that PA
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