EDMONTON, AB, May 24, 2024
/CNW/ - ATB Financial today announced that Joan Hertz is reappointed as Board Chair, and
Kara Flynn and Naseem Bashir will be appointed to its Board of
Directors, effective June 15, 2024.
This follows the retirement of Mr. Barry
James and Ms. Wendy Henkelman
after 10 years of exceptional service to the Board.
Ms. Flynn is a seasoned executive with extensive leadership
experience in the Alberta oil
sands industry, particularly with Syncrude Canada Ltd. Her roles in
this multi-billion dollar organisation have equipped her with
expertise in mergers and acquisitions, business transformation, and
stakeholder relations, including government, public affairs, and
Indigenous relations. With a background rooted in Fort McMurray and Wainwright, Ms. Flynn brings a unique
perspective to the table and broadens the board's exposure to
directors with diverse geographical and functional backgrounds
beyond urban centres.
Mr. Bashir is an accomplished leader with extensive senior
leadership experience at Williams Engineering, where he
successfully navigated the organisation through a period of
expansion and now serves as its Executive Chair. With a keen focus
on the industrial and natural resources sectors in Western and
Northern Canada, Mr. Bashir brings
CEO-level expertise in driving growth businesses, coupled with a
proven track record of entrepreneurship and innovation with a
strong technology mindset. His board experience includes
contributions to rural Alberta
communities through roles with Claystone Waste and Aquatera
Utilities, showcasing his commitment to community engagement.
"We're thrilled to announce the addition of Ms. Flynn and Mr.
Bashir to ATB's Board of Directors. With their esteemed reputation
as leaders in their respective fields and their extensive business
knowledge, they bring valuable expertise to our Board. Their
presence will further strengthen our Board's capabilities as we
steer ATB Financial forward, foster the growth of this business and
ongoing support of Albertans," said Joan
Hertz, Board Chair of ATB Financial.
In addition, Joan Hertz has been
reappointed as Board Chair of ATB Financial. Ms. Hertz's
reappointment continues her legacy of strong stewardship of ATB
Financial and leadership of the Board of Directors. Under her
guidance, ATB Financial announced that it is in a position, for the
first time in its history, to declare quarterly dividends totalling
$100 million in fiscal 2025 to its
Shareholder, the Alberta Government.
"Joan Hertz brings
tremendous leadership and dedication to the Board and ATB
Financial. Her continued contributions as Board Chair are
instrumental in guiding the success of ATB as we serve Albertans,
our clients and the communities we live and work in," said
Curtis Stange, President & CEO
of ATB Financial.
For more information on ATB Financial's Board of Directors,
please visit our Corporate Governance site.
About ATB Financial
With $60.4 billion in assets, ATB
Financial is a leading financial institution that started in
Alberta with the focus of putting
people first. Our success comes from our more than 5,000 team
members who love to deliver exceptional experiences to over 800,000
clients across our Personal and Business Banking, ATB Wealth
Management and ATB Capital Markets businesses. ATB provides expert
advice, services and products through our many branches and
agencies, our 24-hour Client Care Centre, four entrepreneur centres
and our digital banking options. ATB powers possibilities for our
clients, communities and beyond. More information about ATB can be
found at atb.com.
For more information or interview requests, please
contact:
ATB Financial, Media Relations Team media@atb.com
SOURCE ATB Financial