Desjardins backs British co-op competition

Co-operatives UK are inviting us to vote for our Co-operative of the Year, the choice this time being between the Channel Islands society, East of England, FC United of Manchester, the Foster Care Co-operative, Jamboree, Midcounties, Oikocredit, the Phone Co-op, and Unicorn Grocery. You vote for your fave co-op here.

What interests me is that this year the Canadian banking and insurance co-operative Desjardins is sponsoring the competition. Good… but why? Desjardins is a highly successful co-operative, but one with no business operations in Britain.

Perhaps because it doesn’t hurt for Desjardins to remind British co-operators that it will be staging the third biennial Co-operative Summit in Québec city next year. But perhaps also because it could just mean a little extra international good will for Desjardins’ charismatic CEO Monique Leroux. Leroux’s fixed term as CEO finishes next year, and she is still only just in her sixties. The next step for her may well be in the international co-operative arena. As they say, watch this space.

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