Police Credit Union Chairman, Alex Zimmermann, has announced that Chief Executive Officer (CEO) Costa Anastasiou will retire from his role in July 2026 as part of a strategic succession plan designed to ensure continuity and position the organisation for future growth.
Costa Anastasiou has served as CEO since 2007, leading the company through more than two decades of remarkable transformation and success. Under his leadership, Police Credit Union has strengthened its market position, expanded its capabilities, and fostered a culture of innovation and excellence.
“Costa’s vision and guidance have been instrumental in shaping who we are today,” said Mr Zimmermann, Chairman of the Board. “His unwavering commitment to our values and long-term strategy has created a strong foundation for the future. On behalf of the Board and the entire organisation, we extend our deepest gratitude for his exceptional leadership.”
The Board has initiated a comprehensive search for the next CEO, considering both internal and external candidates to ensure the best possible leadership for the company’s next chapter. The process will be conducted with the highest standards of governance and transparency, with Costa remaining fully engaged as CEO until the transition is complete in July 2026.
Day-to-day operations and strategic priorities remain unchanged during this transition. Police Credit Union continues to focus on delivering value to Members while advancing its long-term growth objectives.
“This transition is a natural step in our evolution,” added Mr Zimmermann. “We are confident in our future and excited about the opportunities ahead.”