Westminster Savings, which has its headquarters in New Westminster, recently appointed Gavin Toy president and chief executive officer.
Toy, who assumed his new role today, replaced Barry Forbes, who retired after 41 years with the organization. Toy was most recently senior vice-president and chief financial officer for Westminster Savings and its subsidiaries.
"Gavin Toy has played an integral part in developing our strategic direction, and we have every confidence in his ability to continue to drive change through his strong leadership skills in what is an increasingly competitive market," Bill Brown, chair of the board of directors, said in a media release. "We conducted an extensive search and are very pleased that we can draw upon one of our own to lead Westminster Savings."
Prior to joining Westminster Savings in March 2011, Toy held a number of executive level positions with member-based organizations. He was senior vice-president and chief operations officer at BCAA with responsibility for all customer-facing operations, the release says.
Toy is a chartered accountant and a graduate of the Queen's University Executive Leadership program. He holds a business degree from Simon Fraser University and has been a lifelong resident of the Tri-Cities area.
"I am honoured and very excited for the opportunity to lead the 400 dedicated people who work at Westminster Savings and who have made it one of Canada's top 50 employers," Toy said in the release.
Westminster Savings is the fourth largest credit union in British Columbia, with more than 400 employees serving more than 50,000 members from 12 retail branches across Metro Vancouver.
