Central 1 Appoints Mike Henry as President & Chief Executive Officer

VANCOUVER, British Columbia, Oct. 21, 2026 (GLOBE NEWSWIRE) — Central 1 today announced the appointment of Mike Henry as President & Chief Executive Officer (CEO), effective November 9, 2026.

Mr. Henry joins Central 1 as a recognized financial services leader with more than three decades of experience leading large-scale businesses, enterprise transformation and strategic change across Canada’s financial services sector. Throughout his career, he has held senior executive positions spanning operations, strategy, risk, data, digital banking and payments, while also serving in board and governance roles.

“Mike brings a unique combination of operational leadership, strategic vision and governance experience. He has led large businesses, overseen complex enterprise transformation programs, worked closely with regulators and industry partners, and served in board and committee roles that have given him a robust perspective on organizational leadership,” said Shawn Neumann, Chair of Central 1’s Board of Directors. “The Board is confident Mike brings the experience, judgment and leadership needed to guide Central 1 through its next chapter as we continue building the payments and treasury platform of the future and advancing critical transformation initiatives on behalf of our clients and the broader financial services system.”

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“I am honoured to join Central 1 at such an important moment in its journey,” said Mr. Henry. “Central 1 sits at the intersection of payments, treasury and financial innovation, helping credit unions, fintechs and other financial service providers deliver the products and services Canadians rely on every day. The organization plays a vital role in enabling clients to compete, grow and innovate while helping strengthen choice and competition within Canada’s financial services landscape. I look forward to listening, learning and building relationships with employees, clients, members and partners across the country, and to building on the strong foundation and momentum already in place as we continue delivering value for clients and the Canadians they serve.”

The Board also extends its sincere thanks to Barclay Hancock for his leadership as Interim President & CEO. During the transition period, Mr. Hancock provided steady leadership, maintained organizational momentum and helped advance Central 1’s strategic priorities while ensuring continued focus on clients, members and employees. As Central 1’s Chief Payments Officer, Mr. Hancock will support a smooth leadership transition and help welcome Mr. Henry to Central 1’s clients, partners and stakeholder community.

Central 1 empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $8.9 billion as of June 30, 2026, Central 1 provides payments, clearing and settlement, and treasury services at scale to enable a thriving credit union system.