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Borden Osmak


Mr. Borden Osmak joined the UCU Board of Directors from So-Use Credit Union, where he served since 2006. He has been a member of Ukrainian Credit Union Limited since 1992. After a brief hiatus he rejoined the board in the fall of 2017.

Mr. Osmak, and his spouse Jeanne, have three children, Katrusha, Nicholas and Evanka. The family are members of St. Demetrius Ukrainian Orthodox Church. Mr. Osmak served on the Parish board for six years, four of those as a member of the Audit Committee.

Mr. Osmak holds a Bachelor of Commerce (Honors) from the University of Windsor, and an MBA (Finance) from McMaster University in Hamilton. He also attended International Banking courses at St. Andrews University, Scotland.

He brings 33 years of financial experience with the Bank of Nova Scotia, in both Toronto and New York. As Managing Director/SVP Mr. Osmak was responsible for the Scotia Bank's corporate loan portfolios in the following sectors: Industrial, Consumer, Real Estate and Forestry.

Mr. Osmak was a founding Director of the Toronto Raptors basketball team, helping to bring the NBA to Canada in the mid-1990s.

Presently, he is a Director of Scotia Investments Ltd. in Halifax and is the chairman of its Audit Committee.