NR 05-29 ASH ENG Financial Apppointments.doc
(August 16, 2005 – Cambridge Bay, Nunavut) Nunavut Tunngavik Inc. 1st Vice-President and Vice-President of Finance James Eetoolook today announced two new finance appointments, effective Aug. 1, 2005. The appointments were made as part of NTI’s commitment to strengthen its financial future.
Our mandate to focus on strategic financial planning was a key motivating factor behind these appointments, said Eetoolook. This dedicated approach will enable us to develop and further refine our strategies as we examine suitable options for achieving our financial goals. We are committed to working with the Regional Inuit Associations, and our other partners to build a solid financial future for NTI and the Beneficiaries we serve.
Ashley Sinclair will assume the newly created role of Chief Financial Officer of NTI. Sinclair served as NTI’s Director of Finance for the past two years. Annie Tattuinee, formerly the Assistant Director of Finance, will assume the role of Director of Finance for NTI. Tattuinee has worked within Inuit organizations in various capacities for ten years.
The financial appointments indicate to Beneficiaries that their money is being well managed and looked after by NTI.
The federal transfers for the Nunavut Land Claims Agreement will cease in 2007. We must coordinate our strategic efforts to build our economic base. Our combined strategies must be measured and productive so there is less dependence upon the capital retained by the Nunavut Trust, thereby allowing the Trust to maximize the investment returns on that capital, said Eetoolook.
For further information:
Kerry McCluskey
Director of Communications
Nunavut Tunngavik Incorporated
Tel: (867) 975-4914
Cell: (867) 975-1337
Toll-free: 1-888-646-0006
