Former Kelowna Mayor Walter Gray steps down from role of ICBC chairperson

Former Kelowna Mayor Walter Gray has decided to step into retirement, full time.

Former Kelowna Mayor Walter Gray has decided to step into retirement, full time.

In a notice from the provincial government, Transportation and Infrastructure Minister Todd Stone, explained that Gray’s stepping down from the position he held as the chair of ICBC’s board of directors, as of Dec. 31, and opting to “enjoy retirement.”

“I would like to take this opportunity to sincerely thank Walter Gray for his valuable contributions to British Columbia and all ICBC customers serving as board chair for ICBC over the past year,” said Stone.

“Mr. Gray’s deep commitment to community service was evident as he took on the role of board chair for ICBC, after dedicating 16 years as mayor and councillor of Kelowna. During his time as the head of the board, Mr. Gray has overseen the board’s efforts to keep basic insurance rates affordable for British Columbians during times of increasing claims costs.”

Current board member Ronald Olynyk will be stepping in as interim chair of ICBC’s board of directors effective Dec. 31, 2015, with a term running to March 31, 2016.

Olynyk brings 35 years of experience as a chartered accountant and a commitment to serving the public.

” I have every confidence that he will do a great job serving as Interim chair until a permanent replacement is found. We will be taking steps early in the New Year to find a permanent candidate for this important role,” said Stone.

“Over the course of the next year, the B.C. government will continue to work with ICBC to identify and implement measures that will mitigate the causes of rate increases, to help ensure that ICBC insurance rates remain as low and as affordable as possible.”

All board chair appointments are governed by the overriding principle of selection based on merit and are handled by the provincial Board Resourcing and Development Office.

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