Island Savings

Senior Management

Randy Bertsch


Randy Bertsch serves as the president of Island Savings, a division of First West Credit Union. He oversees retail banking, commercial banking, insurance and wealth advisory services in the Island Savings region, which comprises 450 employees and 16 branches throughout Vancouver Island and the Southern Gulf Islands. Randy has 38 years of experience in the financial services industry, including 21 years with Island Savings, where he served as chief operations officer until becoming president in 2015.

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Colin Nicol

Vice-President, Advisory Services

As vice-president, advisory services, Colin is responsible for the financial performance and overall strategic direction of wealth management operations in the Island Savings region. Colin has 24 years of financial services experience and 19 years of senior management experience in Canada and the United Kingdom. He brings expertise in wealth management, commercial and retail banking, risk management, marketing, acquisition and retention, service quality and compliance.

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Carsten Mildenstein

Vice-President, Credit

As vice-president of credit for Island Savings, Carsten oversees credit adjudication and the management of risk in the commercial and retail lending portfolios. He works closely with the retail and commercial lending teams to assist in developing growth opportunities. Carsten has 12 years of experience in commercial and agricultural banking, as well as expertise in financial analysis and assessment.

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