Business
VersaBank Adds Peter Irwin to Board of Directors
VersaBank Adds Peter Irwin to Board of Directors Canada NewsWire LOND...
About this update from Versabank
[{"type":"text","content":"\n \n \n \n VersaBank Adds Peter Irwin to Board of Directors\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n LONDON, ON\n \n ,\n \n Jan. 4, 2021\n \n /CNW/ - VersaBank (TSX: VB) (\"VersaBank\" or the \"Bank\") today announced that\n \n Peter Irwin\n \n has been appointed to the Bank's board of directors, filling the vacant position left by the sudden passing of\n \n Colin E. Litton\n \n in December of last year.\n \n \n \n \n \n \n \n \n \n Mr. Irwin brings to the VersaBank board more than 30 years of leadership experience in the Canadian financial services industry. His extensive background includes investment banking, capital markets, corporate development, merchant banking and private equity. He earned a Bachelor of Arts Degree, Honors Business Administration, from Ivey Business School,\n \n Western University\n \n , in 1980.\n \n \n \"Peter is an outstanding addition to the VersaBank board,\" said\n \n David Taylor\n \n , President & CEO of VersaBank. \"His broad and deep financial experience will be of significant benefit to VersaBank as we embark on our next phase of long-term, outsized growth. 2021 promises to be an exciting year for VersaBank, as we capitalize on the significant increase in loan origination activity in both our Point-of-Sale Loan and Lease business and construction loans in our Commercial Banking business, as well as the launch of our third lending channel, Instant Mortgage.  At the same time, we expect 2021 to be a breakout year for our wholly-owned DRT Cyber subsidiary as we look to leverage the recent acquisition of Digital Boundary Group and our own internal capabilities to launch new solutions as cyber security becomes an undeniable imperative for governments and corporations globally.\"\n \n \n \n ABOUT VERSABANK\n \n \n \n VersaBank is a Canadian Schedule I chartered bank with a difference. VersaBank became the world's first fully digital financial institution when it adopted its highly efficient business-to-business model using its proprietary state-of-the art financial technology...