LONDON, Ontario--(BUSINESS WIRE)--Further to a news release of April 28, 2016, Pacific & Western Bank of Canada (TSX:PWB) is pleased to announce the election of Mr. Avery Pennarun to its Board of Directors at its Annual General & Special Meeting, held on April 27, 2016. Mr. Pennarun brings to the Board a wealth of knowledge and experience in information technology.
Mr. Pennarun works at Google Fiber Inc. in New York City as a Senior Software Engineer. He graduated from the University of Waterloo in 2001 with an Honours, Bachelor of Applied Science in Computer Engineering degree. His background includes four years as EVP, Software Development at AMSDMS Software Inc., a subsidiary of PWC Capital Inc.
David Taylor, President & CEO of the Bank stated: "I am delighted Avery has joined our Board; his significant experience in information technology, background in designing banking software, and his in-depth knowledge of our banking systems is very valuable to us as we continue to lead the industry with an innovative, branchless banking platform and propel Canada’s growing Fintech Industry.”
ABOUT PACIFIC & WESTERN BANK OF CANADA
Pacific & Western Bank of Canada, a highly versatile and technologically proficient Canadian Schedule I chartered bank, operates using an “electronic branchless model”. It sources deposits, consumer loans, commercial loans and leases electronically. PWB also makes residential development and commercial mortgages it sources through a well-established network of brokers and direct contact with its lending staff. PWB’s common shares trade on Toronto Stock Exchange under the symbol PWB.
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