National Leasing, a CWB Financial Group company, appointed Michael Dubowec its new president and CEO effective March 1, 2018. This followed the retirement of Tom Pundyk, National Leasing’s current president and CEO, who will stay on with the company as an advisor until October 31.
“Michael is an incredible leader within our organization,” said Stephen Murphy, CWB’s executive vice president of banking. “He has played an integral role in the rapid growth and client satisfaction National Leasing continues to achieve, and has built a reputation for being a fun, smart and creative leader who drives positive change and cares deeply about employees and customers.”
“I am very confident that Michael is the right leader to take National Leasing forward during this incredible growth period in our history,” said Pundyk, who has worked alongside Dubowec for more than 29 years. “His keen ability to build strong relationships puts both our customers and our hard-working, dedicated team in good hands.”
Dubowec has held progressive senior leadership roles with National Leasing since 1989, including chief operations officer. He currently serves as senior executive vice-president, while also providing senior leadership oversight for CWB’s Broker Buying Centre.
“I’m very excited for the opportunity to lead National Leasing into the future, and am committed to continuing to focus on quality relationships with our customers, brokers and partners,” Dubowec said. “We have great opportunity to leverage the services offered by CWB Financial Group to the benefit of these relationships, and I’m anticipating great success as we continue to find more ways to help our customers grow their businesses. We’re also going to continue to build on our long-term growth strategy, which has today earned us more than 70,000 lessee customers, 7,000 active equipment dealer partnerships and more than $2.6 billion assets under management. This makes us the largest and longest running equipment financing company in Canada.”
Pundyk’s time as president and CEO, since November 2014, has seen many achievements including implementation of a customized core operating system, launch of an online quoting system available to equipment dealers anytime and a number of award wins, including Canada’s Top 100 Employers, Canada’s 10 Most Admired Corporate Cultures and Manitoba’s Top Employers. He also played an integral role in CWB’s portfolio acquisition of assets of ECN Capital, its largest acquisition to date.
“I’m so very proud of what this company has accomplished over the past four decades,” Pundyk said. “The team we have here at National Leasing is like nothing else. I want to thank each and every employee for their passion and efforts toward creating the best possible experience for our customers. We’ve really focused on innovation in our industry, and I do think we’re achieving it.”
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!