New CEO Appointed for Guelph Hydro Electric Systems Inc. and Envida Community

Pankaj Sardana has assumed the position of Chief Executive Officer of Guelph Hydro Electric Systems Inc. and Envida Community Energy Inc., effective immediately. Day-to-day operations of Guelph Hydro Electric Systems Inc. (GHESI) will remain under the leadership of Kazi Marouf, who will continue in his role as Chief Operating Officer reporting to the new CEO.

Sardana has more than 30 years of experience in the energy sector and skills in finance and treasury operations, accounting, regulatory affairs, commodity trading, load forecasting and other aspects of the electricity distribution business. Prior to joining Guelph Hydro, he held senior executive positions with Ontario Power Generation and Toronto Hydro Corporation. He also gained energy sector experience earlier in his career in positions with the Ontario Ministry of Energy, Consumers Gas (now Enbridge Gas Distribution), Ontario Hydro and Ontario’s Independent Electricity System Operator (IESO). Sardana has a Master’s degree in Economics and is a Chartered Financial Analyst.

Sardana takes over from R.L. (Bud) Smith, a GMHI Board member who was appointed to the position in May 2015 on an interim basis.