Succession planning

Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.

CFO Ewen Stevenson, who has been in place only since January after joining from Royal Bank of Scotland, has established himself as the dominant force in the 154-year-old bank's executive suite, say current and former HSBC officials.

Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.

Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

As management teams meet to set their priorities, there is a range of issues, including consolidation, cybersecurity and succession planning, that will likely come up.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

Credit unions will be covering a range of important issues, including community development and enterprise risk management, as they review their operations.