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NCCU CEO Aylmer Irish snubbed by two former staff members on the Board

After serving the Credit Union movement for 27 years, Aylmer Irish has been axed as the Chief Executive Officer (CEO) by the Euan James-led board Nature Isle News (NIN) can confirm.

Euan James is a former senior staff of the NCCU and McDowill Paul is also a former Manager of the NCCU Roseau branch who fell out of favour with the institution. “How can two disgruntled former employees of the NCCU rise to the position of being Board members?  And to add insult to injury, become President and Treasurer of the board,” the source asked. 

On May 2, 1996, Irish was employed as Deputy General Manager of the then Roseau Cooperative Credit Union (RCCU), he acted as General Manager from 1997 to 1999. And was appointed General Manager in 2008.  He was part of the amalgamation process and saw the credit union through it all and was appointed Chief Executive Officer (CEO) in 2010 at the end of the amalgamation.

“Irish has served the Credit Union for 27 years and has seen it grow into what it is today and deserves to be treated much better than that,” says a person familiar with the institution.

“The CEO is credited for the establishment of the NCCU and under his watch has succeeded in creating almost a Billion-dollar institution. Now, some political hacks have decided to infest the NCCU with their political virus to discontinue the services of the CEO in the most vulgar manner imagined,” a few individuals with knowledge of the running’s of the NCCU told Nature Isle News (NIN). 

According to the 1996 Financial Statements of the Credit Union, as circulated, the assets were $112,591,729 which is 112.5 million. The Financial Statements as circulated for December 2010 puts the assets of the institution at $340,515,482 (340.5 million) while the one audited and circulated to its members as of December 31, 2022, puts the assets of NCCU at a whopping $738 million.

NIN can confirm, that the CEO wrote to the Board indicating his interest in the renewal of his contract when it ends on May 10, 2023, and applied for his leave from March 6 to the end of his contract which was granted.

He received a letter from the Board indicating the “non-renewal of his contract”. “Not even the courtesy of a discussion or a call to him after his outstanding and distinguished leadership in the institution,” the source remarked.

Many with first-hand information about the running of the NCCU, describe the situation as “immoral and unethical.”

NIN can further confirm, that after his election to the Board, one of the former staff who was at loggerheads with the CEO over breaches of the credit union policy could not sit at the first Joint Committee meeting after it was discovered that he was not in compliance with certain sections of the Cooperative Societies Act.

“The man goes about doing his work like a true professional and has kept the NCCU away from any controversy,” the source stated. 

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3 COMMENTS

  1. Every institution on that slave plantation mentality island under the one-man rogue regime and all those affiliated with him will fail and disappear!! All members should protest by preventing the NCCU to function under these rogues and even withdraw their money!!!

  2. So now the LayBah Cabal have their hands in my credit union now, well nou fini Bat en domnik ca la.

  3. 😭😫Dominica going from worst to “WORSER”. All this politics killing the country and those with eyes still can’t see. Well those that may, might just be putting the cookie jar within reach.
    …and I said what said!

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