Early summer, Cashco’s Board announced that Tim Latimer will be retiring as Chief Executive Officer; the Board has named Lindsay Dodd, previously a Cashco Board Director, as the organization’s new CEO. Latimer continues to participate in the organization as a Board Director and Founder.
“We are enormously proud of what we have achieved thus far and what we will achieve in the future. Cashco has such a talented team of innovative, compassionate, and passionate individuals making a difference in people’s lives every day by breaking down financial barriers for Canadians. While attempting to end financial exclusion our plans will transform not only Cashco, but also our communities and the opportunities for the thousands of people who pass through our doors on the way to their own futures.” — Tim Latimer
As Cashco signaled to its stakeholders earlier this year with the release of its inaugural Pathway Report, that they are on a journey. The organization is transitioning their sustainability strategy to better align with social impact frameworks and the UN Sustainable Development Goals guiding the business community over the coming years.
Latimer shares, “Cashco is entering a new chapter; the opportunity to take global principles and apply them to our business allows us to demonstrate our continued commitment to social impact. These are exciting times, and I will continue to be a cheerleader for Cashco.”
Lindsay joins Cashco as CEO and transitions from his current role as Board Director. He is also Past Chair of the Stollery Children’s Hospital Foundation Board of Trustees, a Director with the Edmonton Elks Football Club, and is a member of the Edmonton Executive Committee of the Institute of Corporate Directors. He holds Board positions with two private companies and is the former Chair of the Board of the Edmonton Chamber of Commerce.
Dodd shared his excitement, “Cashco is founded on the ideals of supporting society in solving their biggest problems. It has a unique ability to innovate and create solutions to end financial exclusion. The people and culture of Cashco are like a magnet — the positivity and energy that comes from this team draws you in knowing everyone is 100 per cent committed to making a difference. The opportunity to create a positive social impact for underbanked Canadians is immense. I am honoured to take on this role.”
Cashco is a champion for the underbanked of Canada. The underbanked are people who do not have access to mainstream banking, are often declined for credit, and depend on alternative financing. Cashco’s Pathway to Using Business as a Force for Good report (Pathway Report) is designed to change the conversation. The Pathway Report aligns Cashco’s business strategy with the overall purpose to provide relief today and hope for tomorrow and demonstrates its commitment to inclusive financing.