Western Pacific Trust Company Appoints New President and CEO
18 11월 2011 - 4:36AM
Marketwired
Western Pacific Trust Company (TSX VENTURE:WP) is pleased to
announce that, subject to regulatory approval, Mr. John de Wit,
C.A. is assuming the position of President and Chief Executive
Officer effective November 17, 2011.
This appointment is in keeping with the Board's commitment to
best corporate governance practices in maintaining the independence
of the Board.
After qualifying as a Chartered Accountant in 1967, John joined
an American multi-national company based in Brussels, Belgium where
he rose to the position of Treasury Manager for Europe and Africa.
Upon returning to Canada in 1975, he joined Cominco in the
international treasury department, and subsequently joined a forest
product company as treasury manager. John remained active in the
international arena as Director - Treasury for the Westar Group
until 1986. From then until joining Citizens Trust Company in 1989,
he was an independent financial business consultant. At Citizens
Trust, John became the Chief Financial Officer with specific
responsibilities for accounting, foreign exchange and branch
operations. In 1994, he left to take up once again his independent
financial business consulting interests. Among hjs major
assignments, John provided his services as Compliance, Trading and
Privacy Officer to Western Pacific Trust Company and as interim
Chief Financial Officer to Forefront Productions. In April 2004, he
joined NCC Financial Corp. as Chief Financial Officer. Three years
later, he was promoted to President and Chief Executive Officer of
NCC, from which position he retired in 2010.
Dr. Anthony Liscio remains on the Board to serve as an
independent director of the Company.
About Western Pacific Trust Company
Western Pacific Trust Company is a non-deposit taking financial
corporation. Western Pacific is licensed under the Financial
Institutions Act in British Columbia as a Trust Company, and is
also registered extra-provincially in Alberta as a non-deposit
taking Trust Company. Western Pacific Trust has two wholly owned
subsidiaries: Futureworth Financial Planners Corp., a licensed
mutual fund dealer in British Columbia, Alberta, Ontario and Nova
Scotia, and Western Equity Loans Ltd., a registered mortgage broker
in British Columbia and Ontario.
Anthony Liscio, Chairman of the Board
This news release was prepared by the Board of Directors which
is solely responsible for its contents. The TSX Venture Exchange
has neither approved nor disapproved the information contained
herein.
Contacts: Western Pacific Trust Company Alison Alfer
604-683-0455 604-669-6978 (FAX)
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