After hours:
VersaBank
140 Fullarton Street
Suite 2002
London, ON N6A 5P2
Canada
519 645 1919
https://www.versabank.com
Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 119
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. David Roy Taylor B.Sc., BSc (Hons), FICB, M.B.A., MBA, PPL | President, CEO & Director | 1.23M | N/A | 1953 |
| Mr. John W. Asma B.A. (Hons.), M.B.A. | Chief Financial Officer | 435.75k | N/A | N/A |
| Mr. Nikola Kristo B.Com., M.B.A., B.Comm, MBA | Chief Credit Officer | 421.78k | N/A | N/A |
| Mr. R. Shawn Clarke M.B.A., M.Eng., P.Eng. | Chief Operating Officer of VersaBank USA | 425.56k | N/A | 1971 |
| Mr. Michael Richard Dixon B.Com., B.Comm., M.B.A. | Senior Vice President of Point-of-Sale Financing | 442.58k | N/A | N/A |
| Mr. Wooi Koay B.Com., B.Sc. | Chief Information Officer | N/A | N/A | N/A |
| Mr. Brent Tyler Hodge CIPP, J.D. | Senior VP, General Counsel, Corporate Secretary & Chief Compliance Officer | N/A | N/A | N/A |
| Mr. Jonathan Francis Patrick Taylor B.B.A., C.H.R.L., CHRL | Chief Human Resources Officer | 441.63k | N/A | 1960 |
| Ms. Joanne M. Johnston B.Com., C.A., CPA, CIA | Chief Internal Auditor | N/A | N/A | N/A |
| Ms. Tammie Ashton B.A., L.L.B. | Chief Risk Officer | N/A | N/A | N/A |
Description
VersaBank provides various banking products and services in Canada and the United States. It offers deposit products, such as web-based chequing accounts, guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products. The company also provides lending services, including point of sale financing that covers purchasing loan and lease receivables from finance companies operating in various industries; commercial banking services comprising commercial real estate, public sector/infrastructure financing, and condominium financing; and residential mortgages. In addition, it offers cybersecurity services. The company was formerly known as Pacific & Western Bank of Canada and changed its name to VersaBank in May 2016. VersaBank was incorporated in 1979 and is headquartered in London, Canada.
Corporate Governance
VersaBank’s ISS Governance QualityScore as of October 1, 2024 is 5. The pillar scores are Audit: 10; Board: 4; Shareholder Rights: 3; Compensation: 5.
