Two provincial Crown corporations that administer crop insurance and other financial services for the agriculture sector have named new chief executive officers in the last week. Alberta’s Agriculture Financial Services Corporation (AFSC) and Manitoba Agricultural Services Corporation (MASC) and have appointed Steve Blakely and Jared Munro as CEOs, respectively.
Agriculture Financial Services Corporation:
“AFSC is committed to investing in Alberta by providing our clients the products they need to manage risk and grow their operations,” said Jennifer Wood, AFSC board chair, in a release. “Steve’s strong financial background will ensure Alberta agricultural producers are receiving the support and services needed to strengthen and grow rural Alberta.”
Blakely has worked as president and CEO of both Servus Credit Union and Credit Union Deposit Guarantee Corporation of Alberta. He is a regulator and deposit insurer for Ontario Credit Unions and is currently a board chair at Deposit Insurance Corporation of Ontario.
“I eagerly anticipate working with the team at AFSC to build upon recent strategies put in place by the Board of Directors aimed at building a strong, growing, diversified agriculture and agri-food sector in Alberta,” said Blakely, in a release.
His role begins effective May 1, 2018.
The Alberta government dismissed AFSC’s board of directors in 2016 following an examination into senior executive expenses.
“…with its leadership overhaul now complete, I look forward to continued support for economic development in rural Alberta,” says Alberta Ag Minister Oneil Carlier.
Manitoba Agricultural Services Corporation:
In Manitoba, Agriculture Minister Ralph Eichler announced last week that Jared Munro has been appointed to lead MASC.
Munro has served as the vice-president of research and program development, the manager of the flood recovery office, an agronomist, and as the acting CEO of MASC since June 2017. According to the MASC release, Munro grew up on a farming operation in the Portage la Prairie area, and is a dedicated community volunteer.
“The board of directors is pleased to welcome Mr. Munro as its new president and CEO,” said Jim Wilson, chair. “He has been a valued member of the executive management team at MASC. We are confident that he can lead MASC in building upon its strong history and success of enhancing financial stability in rural Manitoba, by providing risk management solutions, lending options and other programs and services to address emerging needs in Manitoba’s agriculture sectors.”