Board and Elections

2019 Director Election Results

In-branch elections were held March 2-9, 2019 for three positions which will become vacant at our Annual General Meeting on May 8, 2019.

The following are the results of the 2019 director elections provided by our Auditor, MNP LLP on March 12, 2019.

Subject to the Financial Institutions Act, elected directors shall take office at the close of the Annual General Meeting on May 8, 2019.

Argundas Bartas | RE-ELECTED | 64 VOTES

Argundas is a Property Manager with False Creek Management Ltd. He holds a Bachelor of Business Administration and Financial Services from Douglas College, Strata Management license and Canadian Securities certification. Argundas is a former GVC employee who strongly believes in the values promoted by the credit union. He has served on GVC’s board since 2017. He wishes to continue to participate in the success of GVC and is seeking re-election to the Board. Argundas has been endorsed by the Nominating Committee.

Shaun D. Olafson | RE-ELECTED | 81 VOTES

Shaun is a self-employed entrepreneur. His main interests are a child care organization and a web development company. Shaun attended UBC where he studied computer science. His small business involvement includes directorships in Kiddy Junction Academy, BlueClick Development, Castles Restaurants, K and O Foods and Scoop Squad Waste Management. He brings working knowledge of small business and practical financial literacy. He has served on GVC’s board since 2012 and is seeking re-election to the Board. Shaun has been endorsed by the Nominating Committee.

Sarin Raj | NOT ELECTED | 58 VOTES

Sarin has been a member of GVC since 2017. She is the Corporate Controller with CIMS Limited Partnership. She holds a Bachelor of Commerce, MBA and CPA certification. Sarin has over 12 years of financial accounting experience including financial analysis, cost controls, variance analysis and forecasting. She brings strong analytical skills, expertise in internal control implementations as well as knowledge in treasury and cash management. She is active in her Indo-Fijian community and would like to be a part of an organization that places their members at the forefront. Sarin is seeking election to the Board for the first time. Sarin has been endorsed by the Nominating Committee.

Ken Sherwood | RE-ELECTED | 76 VOTES

Ken is a retired Chartered Accountant who formerly worked for Allied Holdings Ltd., a property and hotel holding company, located in Vancouver. Ken has served on GVC’s Board since 1989. He believes the goal of the credit union is to serve its members and that it is the responsibility of the Board to ensure the Credit Union’s growth is sufficient to provide for current and future member services. Ken is seeking re-election to the Board. Ken has been endorsed by the Nominating Committee.

As a credit union member-owner and eligible shareholder, you will enjoy an equal right (one member, one vote) to vote representatives to the Board and thus participate in decisions affecting the overall direction of your credit union.

Also, any member who is qualified and willing to serve as a director, is eligible for nomination. Being a director requires study, time and commitment to actively participate in making decisions relating to the credit union's current and future operations, goals and corporate strategies.

A call for nominations for the Board of Directors is generally announced in the Fall Member Newsletter with information on number of vacancies and terms of service. Voting for nominees is done by in-branch or mail balloting prior to the Annual General Meeting in the Spring of the following year.

The Board of Directors, elected by and accountable to our membership, governs GVC Credit Union. By focusing on the best interests of the credit union, they are committed to the achievement of our goals and objectives.



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