Central 1 Announces Appointment of Interim President & CEO

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Postmedia has not reviewed the content. by GlobeNewswire Central 1 Announces Appointment of Interim President & CEOAuthor of the article:VANCOUVER, British Columbia, Aug. 19, 2026 (GLOBE NEWSWIRE) — Central 1 today announced the appointment of Barclay Hancock as Interim President & Chief Executive Officer, immediately following the planned retirement of President & CEO Sheila Vokey on September 4, 2026. The appointment ensures leadership continuity and continued execution of Central 1’s strategic priorities.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an Account“Following a thorough review of our leadership needs during this transition period, the Board is confident that Barclay is the right person to lead Central 1 as Interim President & CEO,” said Shawn Neumann, Chair of Central 1’s Board of Directors and Chair of the CEO Selection Committee. “His leadership experience, collaborative approach, and commitment to Central 1’s strategic priorities, clients, and employees make him the right leader to guide the organization to continue delivering on commitments and advancing key initiatives.”Barclay currently serves as Central 1’s Chief Payments Officer and brings more than 25 years of experience in the Canadian and international financial services industry. Since joining Central 1, he has played a key role in advancing Central 1’s payments business, with a particular focus on deepening client relationships, delivering against Canada’s payments modernization agenda — including the Real-Time Rail — for Central 1 and for our clients, growing the client base, and strengthening the long-term payments roadmap.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe search for a permanent President & CEO continues. Central 1’s Board of Directors and CEO Selection Committee remain committed to a comprehensive recruitment process designed to identify the best candidate from a diverse and highly qualified field.Central 1 empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $9.2 billion as of March 31, 2026, Central 1 provides payments, clearing and settlement, and treasury services at scale to enable a thriving credit union system. We do this by collaborating with our clients, developing strategies, products, and services to support the financial well-being of their more than 5 million diverse customers in communities across Canada. For more information, visit www.central1.com.Caution Regarding Forward Looking StatementsThis press release and announcement contain historical and forward-looking statements. All statements other than statements of historical fact are or may be based on assumptions, uncertainties, and management’s best estimates of future events. Central 1 has based the forward-looking statements on current plans, information, data, estimates, expectations, and projections about, among other things, results of operations, financial condition, prospects, strategies and future events, and therefore undue reliance should not be placed on them. These include, without limitation, statements relating to our financial and non-financial performance objectives, vision and strategic goals and priorities, including focus on capital and cost management, the economic, market and regulatory review and outlook for the Canadian economy and the provincial economies in which our member credit unions operate , the impacts of external events such as international conflicts, protests, natural disasters or pandemics, as well as statements that contain the words “may,” “will,” “intends” and “anticipates” and other similar words and expressions.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Forward-looking statements are based on the opinions and estimates of management at the date the statements are made. Actual results may differ materially from those currently anticipated. Securityholders are cautioned that such forward-looking statements involve risks and uncertainties. Certain important assumptions by Central 1 in making forward-looking statements include, but are not limited to, competitive conditions, economic conditions and regulatory considerations. Important risk factors that could cause actual results and the timing of such results to differ materially from those expressed or implied by such forward-looking statements include economic risks, regulatory risks (including legislative and regulatory developments), risks and uncertainty from the impact of rising or falling interest rates, international conflicts, natural disasters or pandemics, geopolitical uncertainty, information technology and cyber risks, environmental and social risk (including climate change), digital disruption and innovation, reputation risk, competitive risk, privacy, data and third-party related risks, risks related to business and operations, risks relating to the transition of clients to alternative digital banking providers, and other risks detailed from time to time in Central 1’s periodic reports filed with securities regulators. Central 1 is subject to risks associated with evolving U.S. trade and tariff policies, inflationary pressures, interest rate volatility, and potential regulatory changes under the current U.S. administration. Shifts in tariff structures or global trade conditions may adversely affect our cost structure and overall operating environment. Given these risks, the reader is cautioned not to place undue reliance on forward looking statements. Central 1 undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.Media:Amanda LeNeveAVP, Communications & MarketingCentral 1 Credit UnionEcommunications@central1.comInvestors:Brent ClodeChief Investment OfficerCentral 1 Credit UnionT 905.282.8588 or 1.800.661.6813 ext. 8588E bclode@central1.comNotice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.