Ross McDonald Joins Community Savings As Chief Financial Officer & Chief Risk Officer
October 20, 2020 - Surrey, BC
Community Savings Credit Union is pleased to announce the appointment of Ross McDonald as Chief Financial Officer and Chief Risk Officer to replace the retiring Vice President of Finance, Robin Medelko.
“We are so excited to welcome Ross to the growing Community Savings team. Ross brings a unique skill set within the credit union system and is going to prove a great fit for our team here. Ross’ leadership strengths, experience and critical thinking will position us as one of the leading credit unions in BC for many years to come.” Mike Schilling, CEO.
As Chief Financial Officer and Chief Risk Officer, Ross McDonald will be joining the Executive Leadership team and contributing to long-term strategic success and achievement of the credit union’s purpose.
“I feel privileged to join such a capable, experienced and progressive team at Community Savings Credit Union, especially at a strategic inflection point in its organizational growth and purposeful impact. I am excited for the opportunity to help the credit union to further its positioning as the financial institution of choice for trade unions, their BC members and the working community.” Ross McDonald added.
Ross joins CSCU from Clean West Capital where he led the organization and provided board/executive-level advisory services to credit unions. Ross has assisted FICOM (now BCFSA), a branch of the B.C. Ministry of Finance, as Director Credit Unions Central with responsibilities which included regulation and prudential supervision of Central 1 Credit Union and Stabilization Central Credit Union; and advisory to FICOM executive on BC credit union system developments. Ross’s career includes work with Citigroup in the United Kingdom as Senior VP Corporate Strategy Europe Middle East & Africa; as VP Strategy Europe Private Client Services; and as VP Trade Support of Fixed Income Derivatives. Ross holds a M.B.A. from the London Business School and Bachelor’s Degree, Accountancy and Finance from the University of Glasgow. Ross qualified as a Chartered Accountant and is a current member of the Institute of Chartered Accountants of Scotland.
“Robin Medelko has led our finance function for nineteen years and, whilst we congratulate him on his retirement, we will miss his guidance and steady hand on our finances. It’s a fitting end to Robin’s time at Community Savings that he has agreed to stay on and execute a handover with Ross – he is ending his career here with the same dedication to our credit union as he has shown over the past nineteen years.” added Mike Schilling, CEO.
The team at Community Savings is pleased to have Ross join and looks forward to working alongside him to serve their members and communities.
About Community Savings
Community Savings Credit Union is committed to financially empowering its members and BC’s communities by providing best-in-class personal and business banking while supporting economic inclusivity. A fully unionized credit union – and the largest provider of banking services in BC to labour unions – Community Savings also has a strong history of advocating for the labour movement to create a better BC for all.
Member owned and operated, Community Savings invests in BC communities by supporting local charities and non-profit organizations that help create stronger and more vibrant communities. Community Savings is a designated Living Wage Employer and an active partner of the Union Protein Project.