The terms of three directors will expire at the next AGM in April 2024; therefore, the timing is right to reduce the board to six directors and not require an election, resulting in significant cost savings.
This means that Westoba will not seek Director candidates in January of 2024. Reduction of the Board will take place on April 24th, 2024, following our Annual General Meeting.
There is no impact to our members. Membership is still represented by elected members of Westoba Credit Union.
