CHICAGO – After leading the $20-billion Alliant Credit Union for four years, CEO Dennis Devine has left the organization, the credit union reported.
Chief Risk Officer Ken Schaafsma has been appointed interim CEO, the organization said in a statement on its website, which did not share a reason for Devine’s departure. Previously, Schaafsma served as Alliant’s chief risk officer for seven years.
“We are confident in Ken’s talent, experience, and abilities to lead us through this period, and we look forward to the next phase of Alliant’s evolution,” said David Leib, Alliant board chair. “We are grateful for the expertise and focus on performance that Dennis has brought to Alliant during his time leading our organization. We thank Dennis for his dedication and hard work.”
“I am honored that the board has entrusted me with the opportunity to guide Alliant into our next exciting chapter,” said Schaafsma. “I firmly believe in this business and our people, and I am energized by the opportunities I see for Alliant to continue delivering on our mission to do good for our employees, members, and the communities we serve.”