Additionally, the significant level of restructuring the sector has undergone should mean it is better positioned to take advantage of development opportunities – with larger credit unions leading the way for smaller credit unions.
Addressing the challenges and availing of the opportunities will require effective collaboration and the other critical enablers I have highlighted, in particular strong governance and risk management and sound and effective strategic planning– matters where you as board oversight committee members should play a key oversight role in line with your statutory obligations. I will conclude here. Many thanks for your attention.