Invest Ontario strengthens the leadership team with appointment of two Vice Presidents

August 10, 2022 – Today, Invest Ontario announces the appointment of two senior executives to the agency’s leadership team.

Khawar Nasim joins Invest Ontario from New York, where he was Canada’s Acting Consul General, working with businesses to grow their footprint in Canada. He brings over 25 years of international experience in both the private and public sectors.

Nasim will be leading the agency’s specialized, business development sector-oriented teams in life sciences, advanced manufacturing and technology to ensure best-in-class investment attraction for Ontario. He will be responsible for investor care and be a key relationship builder on behalf of the agency.

Michael Fedchyshyn brings years of experience in private equity, renewable energy development, waste-to-energy development, project finance and management consulting. He joins the agency from Infrastructure Ontario, where he created and led the Transit Oriented Communities Program.

As the Vice President, Strategies and Business Solutions, Fedchyshyn will be responsible for establishing the agency’s strategic planning, transactional risk management and business intelligence functions. In addition, he will manage the long-term relationship with other provincial, regional and federal government stakeholders to develop a “Team Ontario approach” for successful investment attraction.

“Invest Ontario was created to support economic development, resiliency and job creation in Ontario through strategic business deals and capital investments,” says Trevor Dauphinee, CEO of Invest Ontario. “I am delighted to announce the strengthening of our leadership team today. In our first year, we have already had some significant successes, and I know that Khawar and Michael will bring their networks and expertise to ensure we are delivering the best for investors.”

As the province’s principal agency for new and expanding businesses and investors, Invest Ontario is uniquely positioned to attract strategic companies and capital that help build a stronger and more resilient Ontario.

Background

Invest Ontario is a newly established, board-led provincial agency mandated to attract and secure business investments that create jobs, generate returns to the province and support the sustainable growth and competitiveness of Ontario’s life sciences, advanced manufacturing and technology sectors.