Propel CEO Anita Punamiya Stepping Down, Will Return To Board

-- Startup Accelerator Will Launch A Search For New CEO --
 
SAINT JOHN--Propel ICT, Atlantic Canada’s startup accelerator, will begin searching for a successor to CEO Anita Punamiya, who announced today that she will step down at the conclusion of the organization’s 2017 Spring Cohort programming.  She will rejoin Propel ICT’s Board of Directors.
 
Punamiya says she took on the role of CEO in 2016 planning for a short tenure.
 
“Propel ICT has a strong history and I am proud to have been a part of it both as a Board member and as the CEO. From the perspective of a newcomer to Canada, I received tremendous value from being on the Board, and the CEO role gave me an opportunity to give back to the organization. I am happy to say that I am leaving the organization stronger than it was when I took on the role,” said Anita Punamiya.
 
“I am very proud of the current team and confident that they will continue doing a great job,” she added. “I believe leading an organization like Propel is like a ‘Relay Team’; each leader takes the organization to a certain stage and then hands it over to the next leader. I have run my part and its time to hand over the baton.”
 
Steven Burns, Chair of the Propel ICT Board said that the organization would take time to find a successor.   He also announced that Trevor MacAusland, an experienced member of the Propel ICT team, will serve as interim CEO.
 
Punamiya will once again join Propel ICT’s Board of Directors, and continue to contribute to the startup ecosystem. She is an entrepreneur at heart and contemplating her next venture.
 
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For further information:
 
Anita Punamiya
CEO, Propel ICT
anita@propelict.com
1.506.639.8275