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UNI Financial Cooperative board chair Pierre-Marcel Desjardins (left) and new president and CEO Camille Thériault speak during a news conference on Aug. 16, 2023. Image: Zoom video capture

UNI Financial Cooperative replaces president and CEO

By Brad Perry Aug 17, 2023 | 6:14 AM

UNI Financial Cooperation has replaced its president and CEO after a tumultuous few weeks for the credit union.

Former New Brunswick premier Camille Thériault will take over the role that had been held by Robert Moreau.

The change comes as customers continue to face technical issues with UNI’s new banking app weeks after it was launched.

Some members saw deposit and payroll delays and ATM bill payments were unavailable for weeks.

Pierre-Marcel Desjardins, chair of the credit union’s board, would not say whether the poor implementation was linked to Moreau’s performance.

“We made the decision at the time to go with the implementation based on the information that we had,” Desjardins said during a news conference Wednesday at the credit union’s Caraquet headquarters.

Thériault was unveiled as the organization’s new president and CEO during the same news conference.

He is no stranger to the credit union, having served as its president and CEO from 2004 to 2016.

“He is the right person to guide us through our transition,” said Desjardins.

Thériault said while the “vast majority” of the challenges have been rectified, there is still more work to do.

“My role will be, over the next three, four, five weeks, to do a diagnostic of the situation and prepare a plan,” said Thériault.


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