ICBC is getting a new president and chief executive officer.
David Wong was appointed by the board of directors and will begin his role with the insurance corporation on May 15.
“With a strong financial background, broad career experience, values that align to ICBC's purpose and leadership experience working for another large, complex crown corporation, David is very well suited to lead ICBC," said Catherine Holt, ICBC board chair.
“We are looking forward to working with him and the rest of the executive leadership team as he continues ICBC's focus on providing affordable rates and improving customer experience."
Wong is a chartered professional accountant who has years of experience in a variety of senior roles, including his current position as chief financial officer at BC Hydro, where he is responsible for financial oversight, company-wide procurement, materials and fleet management, technology solutions and cybersecurity.
“David is a personal champion of diversity, equity and inclusion at BC Hydro and brings that same passion to ICBC along with a commitment to continuing ICBC's Indigenous reconciliation journey," Holt continued.
Prior to becoming CFO at BC Hydro, Wong was the CFO at Powerex and chief accounting officer at BC Hydro.
In addition, he has a decade of international private-sector experience working for Teekay Corporation and has served on the boards of directors for Vancity and BC Automobile Association.
He also holds a bachelor of business administration from Simon Fraser University.
Phil Leong has been the interim president and CEO of ICBC since March, and he will be returning to his role as CFO at the insurance corporation.
