The man who was at the heart of the amalgamation of the National Cooperative Credit Union (NCCU) in 2010, Dexter Ducreay, is now back as president of that institution.
Ducreay headed the amalgamation process and was elected as the first president of the NCCU. He was replaced over the last two years by Michael Augustine.
After the 5th AGM of the NCCU held last week, members of the new board overwhelmingly elected Ducreay to head the NCCU board.
His deputy is Algernon Degallerie with Candia Joseph as treasurer and Charmaine Brumant as secretary.
Ducreay is now entrusted with the task of taking the amalgamation process one step further after the NCCU’s recent AGM voted in favour of a resolution to accept the Castle Bruce and South East credit unions as part of the NCCU.
“I feel humbled to be given the opportunity to lead the NCCU…I am a Credit unionist at heart and I am looking forward to as usual, working with all for the continued development of the NCCU,” he said.
According to him it is “ironic” that he led the process of amalgamating the “Big Five” and will now be leading the way into broaden the amalgamation to the “Big Seven” with the acceptance of the Castle Bruce and South East credit unions.