BAKERSFIELD, Calif. — Valley Strong Credit Union has named Nicholas Ambrosini as their next President / CEO, succeeding longtime chief Stephen P. Renock, IV, effective July 1, 2021.
Ambrosini has been with the credit union since 2007.
His past roles include Executive Vice President / CFO, Vice President of Finance, Director of Financial Planning and Manager of Internal Audit and Risk Management.
“I deeply appreciate the Board’s confidence in me and look forward to working with them to build a brighter future for our organization,” Ambrosini said. “My thanks to Mr. Renock who through the years has been my mentor and friend, as well as my biggest supporter.”
Renock, who has held the top job since 2009, will retire on June 30, 2021.
“It has been a privilege and honor to lead this organization,” Renock said. “I’m confident we will continue our tradition of helping people and communities prosper, thanks to our strong, capable leadership in place, as well as our team, that will guide the credit union during these particularly challenging times.” Dr. Larry Reider, Chairman of the Board of Directors at Valley Strong, praised Renock for his years of dedication and service. “On behalf of the Board, we want to thank Steve for his effective leadership and mentorship,” Reider said. “His efforts have positioned the credit union to continue its path of success for the foreseeable future.”