Paul Taylor has stepped down as chair of the board of the British Columbia’s vehicle insurance agency after 19 months in the job.
No explanation was provided as the Insurance Corporation of British Columbia announced Mr. Taylor’s departure on Wednesday though, when appointed, his term was described as a 12- to 18-month commitment.
The former chief of staff to ex-premier Gordon Campbell and provincial deputy finance minister was in his second stint with ICBC. He quit as CEO in 2008 amid an investigation into the sale of vehicles from the corporation’s automotive and research facility without complete disclosure of their history. However, he was never personally implicated in the situation.
Mr. Taylor returned to ICBC in July 2012 when he was appointed chair. At the time, he asked not to be paid for his work as chairman, but only compensated for expenses. Mr. Taylor described his ICBC work as part of a commitment to community service.
In a statement on Wednesday, ICBC credited Mr. Taylor for helping ICBC through downsizing and restructuring in 2012.
Mr. Taylor has been replaced by an interim chair – ICBC board member Jatinder Rai, who is president and CEO of a marketing and communications agency.
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