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Former BC Hydro exec tapped to head ICBC

Crown corporations playing musical chairs with top executives

ICBC has found a new CEO to replace Nicolas Jimenez, who left the Crown corporation to head another Crown corporation -- BC Ferries -- earlier this year.

And ICBC's new CEO comes fresh from another Crown corporation -- BC Hydro.

David Wong will officially take over as ICBC's chief executive officer on May 15.

Wong's most recent post at BC Hydro was as chief financial officer, where he was responsible for financial oversight, company-wide procurement, materials and fleet management, technology solutions and cybersecurity. 

Prior to BC Hydro, he worked in the private sector as CFO for Teekay Offshore Group Ltd.

“With a strong financial background, broad career experience, values that align to ICBC's purpose and leadership experience working for another large, complex Crown corporation, David is very well suited to lead ICBC," said ICBC board chair Catherine Holt.

“We are looking forward to working with him and the rest of the executive leadership team as he continues ICBC's focus on providing affordable rates and improving customer experience."

Wong serves on the board of directors for the BC Automobile Association (BCAA) and BC Hydro's Powertech Labs.

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