Steinbach Credit Union (SCU) appoints new CEO as longtime leader sets to retire
The SCU Board of Directors has named Curtis Wennberg their new Chief Executive Officer, as Glenn Friesen sets sights on retirement in early 2025.
[Steinbach, MB, December 12, 2024] – Steinbach Credit Union (SCU) is pleased to announce the appointment of Curtis Wennberg as its new Chief Executive Officer, effective early in 2025. Wennberg will replace CEO, Glenn Friesen, who is retiring after more than 26 years of exceptional service and transformational leadership that has seen the credit union grow from $750 million to $10 billion in assets during his tenure.
“On behalf of the Board, we are thrilled to welcome Curtis as SCU’s new Chief Executive Officer,” says Maria Reimer, Chair of the SCU Board of Directors. “Curtis is a visionary leader, with a proven ability to lead world-class organizations across financial services, cooperatives, and beyond. The Board is confident that he will build on Glenn’s legacy, leading SCU into an exciting new chapter of profitable growth, service to members, and innovation.”
In addition to his most recent role as the President and CEO of Credit Union Central of Manitoba (CUCM), Wennberg brings with him more than 20 years of executive experience in roles that have notably included Chief Operating Officer of Manitoba Public Insurance and executive leadership at HSBC Bank, among others. A passionate advocate for credit unions, Wennberg has been recognized for delivering a culture of operational excellence, while partnering with regulators, government officials, and key stakeholders to drive positive change for the credit union system in Manitoba.
In a wave of credit union mergers in the Manitoba market, this transition in leadership highlights SCU’s ongoing commitment to delivering a strong foundation of success through organic growth that is focused on serving the needs of its membership, one member at a time.
“It is a tremendous honour to follow in the footsteps of Glenn Friesen. I am eager to begin working with SCU’s talented team and I am grateful to the Board of Directors for this opportunity,” says Wennberg of his appointment. “I am committed to maintaining the trust and confidence of SCU’s members as we navigate this transition together. With a shared focus and a commitment to serving them first and foremost, I look forward to delivering continued success for SCU, our members, and the communities we serve.”
Retiring CEO, Glenn Friesen, reflected on his tenure and expressed confidence in Wennberg, stating, “Leading SCU has been the greatest privilege of my career. I am confident that under Curtis’s leadership, SCU will continue to deliver exceptional service to our members, while supporting them on their financial journeys.”
While the transition marks the beginning of a new chapter for SCU, a smooth leadership transition is underway, with Glenn Friesen supporting the senior leadership team through his anticipated retirement date at the end of January.