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The CFLA Announces New Board Chair

Scott Long - November 4, 2021 - Featured Content Area

Mike Rusch, the CFLA's new Board Chair, is pictured here.

Toronto, ON, Nov. 4, 2021 – The Canadian Finance and Leasing Association (CFLA) announced Mike Rusch, President of Jim Pattison Lease, as the Board of Directors’ newest Chair. After a two-year term, Angela Armstrong, President of Prime Capital Group Inc., and the first woman to Chair the CFLA’s Board, officially handed her role to Rusch during the CFLA’s Annual General Meeting of Members on October 28, 2021. Armstrong remains an active Board Member and participates in many committees, like the Women in Asset Finance and Executive Committees.  

“As Chair of the CFLA Board of Directors, Angela was a dedicated and tireless advocate on behalf of our entire industry during a very challenging period for all of us,” said Rusch. “I similarly look forward to continuing the important work of the CFLA on behalf of our industry, representing the Board, the CFLA and our member companies – a group of individuals who devote their time to serving Canadian businesses and the economy. Their work and the CFLA’s advocacy efforts are more important than ever – our economy is recovering, and the Canadian asset-based finance and leasing industry is crucial in continuing its momentum.”

“On behalf of the CFLA and our members, I’m very pleased to welcome Mike as our Board’s Chair,” said Michael Rothe, CFLA President & CEO. “Our members provide the rocket fuel for Canada’s economy; I am fortunate to have worked with Mike for many years and am confident he’ll provide the leadership and support our industry needs throughout this period of economic recovery.”   

Rusch has served on the CFLA’s Board of Directors since 2015 and joined the Executive Committee in 2019. Rusch also leads Jim Pattison Lease, a long-standing member company offering customized fleet management solutions and vehicle leasing to commercial and public sector enterprises. Jim Pattison Lease is the largest privately held Canadian fleet lessor, with over 48,000 vehicles under management across Canada.

About the CFLA:
The Canadian Finance and Leasing Association is the only organization advocating the interests of Canada's asset-based financing, vehicle and equipment leasing industry. Through the CFLA, members help shape the industry’s future within the competitive financial services sector.

Established in 1993 through the merger of the Canadian Automotive Leasing Association and the Equipment Lessors Association of Canada, the CFLA grew from 61 member companies to almost 200 today across Canada.

The CFLA’s website is the industry’s hub for asset-based finance and leasing industry intelligence. Visit the CFLA online today to learn more about the industry’s latest news.


For more information:
Scott Long
Manager, Membership & Communications
416-860-1125 |

Pour des informations en français:
Marcel Buerkler
Director, Policy
416-860-1133 x.26 |





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