Affinity Federal Credit Union on Monday announced that Kevin Brauer will be appointed its new CEO and president, effective Jan. 1, 2023.
Brauer, the current chief administrative and financial officer, succeeds current CEO and President John Fenton, and will report to the board of directors and assume leadership of Affinity’s 500-person team in its Basking Ridge headquarters.
Fenton has served as Affinity’s CEO for over 27 years and led the organization’s growth. He will remain in a transitional role for a few months; he will also retain responsibilities with the Affinity Foundation.
“Kevin is a long-tenured, well-respected and highly regarded member of the Affinity leadership team,” Richard Meene, chairman of Affinity’s board of directors, stated. “He is committed to Affinity’s mission of supporting the financial well-being of its members and has been instrumental in developing the philosophy, services and impact that will continue to fuel our organization, as well as better support the communities we serve. We are confident in his vision for Affinity’s future and are thrilled to appoint him to this role.”
Brauer has over three decades of financial services industry experience, and more than seven years with Affinity. Within Affinity, Brauer has led the administration, human resources, finance, payment solutions, data, digital technology, consumer and commercial lending, enterprise risk management and operational risk groups.
Brauer commented: “I am honored to lead Affinity into the next phase of its history, building on the foundation John laid for promoting financial well-being for our members and communities. Our goal is to advance our members’ overall financial well-being, and it is exciting to partner with our team members across the organization to achieve this in a new capacity.”