– Bank Named CIO Awards Canada Winner by IDC and CIO – LONDON, ON, Sept. 26, 2024 /PRNewswire/ - VersaBank has been named a CIO Awards Canada winner by IDC Canada and CIO. VersaBank CIO, Wooi Koay received the award at a CIO Awards Canada gala dinner hosted at The National Club in Toronto on September 25, 2024. CIO Awards Canada recognized VersaBank for its Capital Adequacy Requirement (CAR) project. Canada's banking regulator requires banks to set aside capital amounts for different loan types – known as c ...