Belfast Telegraph

Belfast man gets top job with global Credit Union group

By Michael Sheils McNamee

A Belfast man has been elected as the new Chairman of the World Council of Credit Unions (WOCCU).

Brian McCrory has previously held the position of President with the Irish League of Credit Unions and first became involved in the body's Supervisory Committee back in 2003.

The WOCCU is an international credit and development organisation with links in almost 60 countries, aimed at promoting the Credit Union model.

Mr McCrory's election was announced at a conference being held by the organisation in Vienna, with over 1,600 people in attendance.

Speaking about his nomination, he said: "By championing the credit union and cooperative financial institution model globally, WOCCU improves lives worldwide by ensuring people have access to affordable, reliable and sustainable financial services.

"I will work to continue, and build on, the successes already achieved by WOCCU and it will be my privilege to serve as Chairman of this esteemed organisation."

Delegates gathering at the conference, which is running from Sunday to Wednesday, have been discussing growing young adult membership, advocacy, and financial technology.

Over the past year the position at the helm of the WOCCU has been held by Daniel Burns, an entrepreneur, lawyer and accountant affiliated with the Canadian Credit Union Association.

Speaking at the event about the Credit Union system, Mr Burns said: "Credit unions are the answer for the non-banks, the under-banks and the exploited. Now more than ever we must champion our story to the public and the policy makers."

Mr McCrory, who is by profession a teacher, was nominated to the board of the Irish League of Credit Unions in 2009, and served as the organisation's president between 2015 and 2017.

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