Canadian Manufacturing

Velan Inc. appoints new executive VP of finance

Rishi Sharma will report directly to Bruno Carbonaro, president & CEO, as well as Suzanne Blanchet, chair of the audit committee of Velan Inc.

April 18, 2022   by CM Staff

MONTREAL — Velan Inc. has appointed Rishi Sharma to the role of executive vice president of finance.

Sharma will take over his new role  as CFO on May 23. Velan says he will be a key member of the company’s executive management team and will succeed Benoit Alain, who will be leaving the company.

He will report directly to Bruno Carbonaro, president & CEO, as well as Suzanne Blanchet, chair of the audit committee of Velan Inc.

Rishi Sharma began his career at Deloitte & Touche in 2005 and progressed to lead finance departments in the aerospace and rail manufacturing industry through senior roles across Alstom SA and Bombardier since 2008.

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At Bombardier, he held various roles in finance departments including global risk assessment and audit, head of finance for the pilot and technical training business unit, where he played a key role in the sale of the business to CAE.

Rishi is also a Chartered Professional Accountant (CPA) and has a bachelor’s degree in commerce with a Major in Accounting and Minor in Corporate Finance from the John Molson School of Business at Concordia University. He also holds a Graduate Diploma in Chartered Accountancy from the John Molson School of Business.

Rishi will assume leadership of Velan’s global finance department.

“Rishi is joining Velan with a track record, deeply relevant to both our business and strategic orientation. I look forward to seeing him lead our Finance department, immediately contributing to the success of our Company,” said Carbonaro in a statement.


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