Business Bulletins People

Affinity Credit Union announces new CEO

Nilesh Kavia, Affinity Credit Union's new CEO. Photo by David Stobbe.

Saskatoon-based Affinity Credit Union has announced that Nilesh Kavia will become the organization’s next CEO as of Feb. 1, 2024.

“We are excited to have such an accomplished and visionary leader assume the role of CEO and are confident that under his leadership, our credit union will continue to thrive, innovate, and serve our members and communities with the level of excellence they expect from Affinity,” said Affinity board chair Mitchell Anderson with the announcement.

Kavia first joined Affinity in 2017, as executive vice president, strategy execution and operations. He became chief data and operations officer, and then was promoted to chief financial officer in 2022.

“It is an honour and a privilege to lead Affinity Credit Union as we continue to serve our members and communities with integrity and excellence. Our board of directors has provided a clear vision and direction for our organization, and I am proud of the work that our dedicated employees do every day to make a positive difference in people’s lives. Affinity experienced unprecedented growth over the past decade, establishing ourselves as a financial institution of choice for those looking for values alignment and personalized advice. Saskatchewan is my home and I look forward to building a bright future together,” said Kavia.

Kavia succeeds retiring CEO Mark Lane, who worked in the credit union system for over 44 years.

With $9.5 billion in managed assets, Affinity Credit Union is the 10th largest credit union in Canada, with 50 locations throughout Saskatchewan including Saskatoon and Regina.