DUCA announces appointment of Richard Senechal as CEO & President of DUCA Financial Services Credit Union Ltd.

TORONTO, Sept. 6, 2012 /CNW/ - DUCA Financial Services Credit Union Ltd. today announces that Richard Senechal has been appointed President and Chief Executive Officer effective September 5, 2012.

Most recently, Richard has filled the duties of CEO as a Board appointed Transitional Director following the resignation of Jack Vanderkooy earlier this year.  A lifelong DUCA member, Richard has been a successful businessman and community supporter for many years.  A graduate of York with a Masters in Business Administration, Richard has also served on DUCA's Board for over 30 years including roles as Chair and Vice Chair.

"The Board made a thorough and considered search for our next CEO.  This is an exciting time for DUCA and Richard brings the right mix of passion for DUCA's vision, professional acumen, forward thinking, organizational drive and legacy knowledge that DUCA needs as it continues to grow and serve our members.", said Ralph Kikkert, Chair of the Board of DUCA.

ABOUT DUCA:  DUCA is a full-service financial institution offering its members everything from day-to-day banking to long-term investments. DUCA is owned by its members who annually share in its profits depending on the interest they pay or receive each year.

DUCA has grown from a single branch started in Toronto in 1954 to 16 across Southern Ontario. DUCA now has close to 43,000 members who benefit from exceptional customer service and competitive rates that rank among the best in the business.

SOURCE: DUCA Financial Services Credit Union Ltd.

MEDIA CONTACT:  For further information on this press release or DUCA, please contact:

Chris Zegers
DUCA Financial Services Credit Union Ltd.
Phone: [phone]  Ext. 278
[email protected]