The Agricultural Financial Services Corporation (AFSC) board of directors has announced that Darryl Kay will sit as the new chief executive officer, effective immediately.

Previously, Kay held the role of chief financial and innovation officer and has been with AFSC for almost 10 years. He also served as interim CEO in 2017 — during which he was able to support the new online client platform (AFSC Connect), and help develop a renewed lending mandate.

Kay replaces board member and interim CEO Jerry Bouma in the role. Bouma has been acting as interim CEO since former CEO Steve Blakely’s retirement in April 2020.

“I am excited about the opportunity to lead AFSC as the new CEO,” says Kay. “With my internal knowledge of AFSC, I will bring much-needed stability to the Corporation. I’ll be able to hit the ground running and continue to focus on items that are most important to producers—delivering relevant programs, improving our client experience, streamlining our organization so that we are easier to deal with, and positioning AFSC as a key trusted partner with farmers across the province.”

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