Pawtucket Credit Union in Pawtucket, R.I., has named Brian Azar as its next president and CEO.
Azar will replace CEO George Charette, who is retiring at the end of May, the $2.7 billion-asset company said in a release Monday. Charette joined the credit union's staff in 1996 and was appointed CEO in 2015.
Azar had served as executive vice president and chief lending officer at $2.7 billion-asset Navigant Credit Union in Smithfield, R.I., since 2017. Before that he was EVP and region president at Santander Bank NA.
“We are pleased that Brian will be joining our management team to direct PCU’s future progress, growth and profitability. He comes to us with over 30 years of financial services experience and his knowledge of all types of lending and banking operations will be invaluable as competition continues to intensify," Ronald LeClair, chairman of the credit union’s board, said in the release.
Pawtucket CU earned $20.2 million in 2020, compared with $15.6 million the year before, according to call report data from the National Credit Union Administration.
