Richard Adam is Northern’s third President and CEO. Since joining Northern in 1996, Richard has served the credit union in various roles including Senior Internal Auditor, Chief Internal Auditor, Vice President Finance and Administration, and since 2010 as the Senior Vice President Finance and Administration. Prior to joining Northern Credit Union, Mr. Adam worked for chartered accounting firms in both Windsor and Sault Ste. Marie. Richard holds an Honours Bachelor of Commerce (Accounting), is a CPA CA, and holds a Certified Chief Executive designation from the Credit Union Executive Society.
With over 35 years’ experience in the financial services industry, from both the public accounting and credit union perspective, Richard’s wealth of knowledge has been instrumental to Northern’s growth. Richard has demonstrated superior skills in the areas of strategic leadership, operational execution and stakeholder relations, and is a proven leader with a keen understanding of Northern’s needs.
During his tenure at Northern, he developed Northern’s internal audit and risk departments and frameworks, led numerous mergers aiding in the growth of Northern and since he became CEO, significantly improved the culture and employee engagement and Northern’s profitability. Richard has also served on several system committees including Chairing the Enterprise Risk Management Committee of the Regulator and sitting on the Act Review Committee and both the Stakeholder Advisory Committee and Technical Advisory Committee of the Regulator.