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Board of Directors


Providing guidance at the highest level of governance, the directors on our board are accomplished individuals who represent a wide range of industry and professional backgrounds. We are fortunate to draw upon their knowledge and experience.



John DaRe, LL.B.

Principal, John DaRe Barrister and Solicitor


J. Luis Arruda, FCIP, FRM

President and Principal Broker, The Regional Insurance Services Inc.


Pina Alberelli-Arone, CPA, CA

Board President, COSTI Immigrant Services


Dino Bottero, AACI, MRICS, PLE

​President, D. Bottero & Associates Limited - Property Valuation and Realty Consulting Services


Sam J. Ciccolini, C.M., O. Ont., O.V., COSSM. It.

Co-Founder and Secretary Treasurer, Masters Insurance Limited


Alex De Iulis, P.Eng.

President and Partner, Resform Construction Ltd.


Anthony D’Errico, B.Comm

Relationship Manager (Retired), Deposit Insurance Corporation of Ontario


Marcellina Galvan

Vice President, Human Resources, Global Markets, Celestica


The Honourable Frank Iacobucci, C.C., K.C., LL.D, LSM

Senior Counsel, Torys LLP

​Director & Corporate Secretary

Robert J. Gray, LL.B.

​Partner, Miller Thomson LLP


Frank Petti, CPA, CA

​Partner, Phoenix Consulting


Board Committees

Audit and Risk Committee

  • Anthony D’Errico, Chair
  • J. Luis Arruda
  • Dino Bottero
  • Frank Petti

Governance Committee

  • The Hon. Frank Iacobucci, Chair
  • Sam J. Ciccolini
  • Anthony D’Errico
  • Robert J. Gray

Nominating and Human Resources Committee

  • J. Luis Arruda, Chair
  • Pina Alberelli-Arone
  • Marcellina Galvan

Executive Leadership Team


Our senior team takes great pride in overseeing the success of our credit union.


Fausto Gaudio

President and Chief Executive Officer

David Parks

Chief Operating Officer

Joe Rosati

Vice-President, Business Development and Sales

Wadood Sheikh

Chief Financial Officer

Agostino Tuzi

Vice-President, Credit


The Visionaries


In the mid-1990s a steering committee assembled to secure a new credit union charter. Their dedication and efforts resulted in the first of many milestones for our credit union: IC Savings & Credit Union Limited was officially incorporated on April 17, 2000 as Ontario Corporation #1103842.


Nick Barbieri †
Dino Bottero, AACI, MRICS, PLE
Paolo Canciani
Sam Ciccolini, C.M., O. Ont., O.V., COSSM. It.
Alex De Iulis, P.Eng.
Fausto Gaudio

Robert Gray, LL.B.
James Mizzoni †
William Perkins
Frank Petti, CPA, CA
Walter Tracogna †
Marisa Zanini, J.D.