NEW CEO - Steve Blakely will take over as AFSC CEO starting May 1st. Todd Colin Vaughan/Lacombe Express

WATCH: AFSC unveils new CEO

Steve Blakely comes to AFSC after a 40 year career in the finance sector

Agriculture Financial Services Corporation (AFSC) recently introduced Steve Blakely as their new Chief Executive Officer.

Blakely comes to AFSC — a provincial crown corporation that provides loans, crop insurance and farm income disaster assistance to Albertan producers, agribusinesses and other small business — after 40 years of financial industry experience including the role of President of CEO at Servus Credit Union and President and CEO of Credit Union Deposit Guarantee Corporation of Alberta.

“I eagerly anticipate working with the team at AFSC to build upon recent strategies put in place by the Board of Directors aimed at building a strong, growing, diversified agriculture and agri-food sector in Alberta,” Blakely said in a press release.

Blakely will begin his tenure on May 1st and will begin acting on the Board of Director’s mandates which is to support policy development and lead the executive team in responding to operation issues and challenges while sticking AFSC strategic plans.

“The lending mandate is going to be critical for us here and will change the way we do things,” Blakely said. “It will be very welcomed and positive thing for the agricultural community.

“The focus I really want to get a handle on is the strengthening of the core business of AFSC in the Province of Alberta and that includes things like making sure we are responsible with funds from the Government.”

AFSC Board Chair said that Blakely’s career in finance is what made him stand out during their selection process.

“AFSC is committed to investing in Alberta by providing our clients the products they need to manage risk and grow their operations,” she said. “Steve’s strong financial background will ensure Alberta agricultural producers are receiving the support and services needed to strengthen and grow rural Alberta.”

Blakely said AFSC will continue to function as it has in the past.

“It is a very well-run organization with an extremely good board,” he said. “For me it, it is about enacting what the board has put in. It is about taking it to the levels that the new board has chosen.”

He emphasized that their mandate will continue to be in line with the direction set by the Province of Alberta.

Minister of Agriculture and Forestry Oneil Carlier said in a release that having solid leadership is key at AFSC.

“We are building on an economic recovery that lasts and works for everyone and AFSC plays an important role. The Corporation provides insurance and lending programs to producers and rural-based entrepreneurs and, with its leadership overhaul now complete, I look forward to continued support for economic development in rural Alberta,” he said

Blakely added, “I am delighted to be back in Alberta. I spent a lot of my career here and I it is really exciting to come to AFSC.”

Like us on facebook at

and follow us on twitter at

Just Posted

City takes action to help residents during postal strike

Steps to avoid late payment penalties

Red Deer Public Library’s Adult Literacy Program Receives Prestigious Literacy Award

Award celebrates outstanding achievement, innovative practice and excellence in literacy

Carmanah heading to the City on the heels of their latest single Nightmare

Victoria band performs at Bo’s on Nov. 22nd along with Hey Ocean

Message of hope highlights The Mustard Seed’s first annual fundraising gala

Evening featured fine food, a live painting, and special speakers

Canada Post strikes leaves small shops in the lurch as holidays approach: CFIB

Rotating strikes began in Victoria, Edmonton, Halifax and Windsor

Trump vilifies caravan, says he’ll cut Central American aid

Despite Mexican efforts to stop them at the Guatemala-Mexico border, about 5,000 Central American migrants resumed their advance toward the U.S. border Sunday in southern Mexico.

Federal carbon tax rebates will exceed the cost for most people affected

Officials say 70 per cent of people in those provinces will get back more than they end up paying out as fuel costs rise to incorporate the carbon tax.

Rotating strike in Toronto will have ‘significant impact,’ says Canada Post

Canada Post union announces rotating strikes in four Canadian cities.

Cancelling Saudi Arabia arms deal would cost $1 billion: Trudeau

Canada has added its voice to global calls for answers, with Trudeau telling the CBC in an interview today that the Saudi government’s explanation of what happened lacks credibility.

China opens mega-bridge linking Hong Kong to mainland

The $20 billion bridge took almost a decade to build while incurring major delays and cost overruns

Dangerous Cat 4 Hurricane Willa closing in on Mexico coast

Officials said 7,000 to 8,000 people were being evacuated from low-lying areas, mostly in Sinaloa state

Excessive speed named as cause of Taiwan train derailment

18 people were killed and at least 170 more were injured

Election watchdog seeks digitally savvy specialists to zero in on threats

Move follows troublesome evidence of online Russian interference in the 2016 U.S. election

Most Read