| Mossadiq Umedaly Venture Partner |
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About Mossadiq
In April 2010, Mossadiq S. Umedaly joined Wellington Partners as Venture Partner to strengthen the cleantech team. He has over 20 years of experience growing cleantech businesses. In 2009, Umedaly became the Executive Chairman of Enecsys Ltd., a Cambridge, UK-based solar micro-inverter company. Prior to that, from 2007 to 2009, he was the chairman of BC Hydro, a $5 billion electric utility. From 1999 to 2008, as Chairman and CEO of power electronics company Xantrex Technology Inc., he transformed the $10 million test and measurement Company into a world leader in renewable power markets, took it public and ultimately sold it in 2008 to strategic acquirers, Schneider Electric and Ametek, for $500 million. From 1990 to 1998 he drove the growth of fuel cell pioneer Ballard Power Systems as VP and CFO; during his tenure the company went public and increased its market capitalization from $10 million to $6 billion.
Umedaly started his career with PricewaterhouseCoopers and subsequently held senior positions in the Aga Khan Development Network. He is a member of several important university, non-profit, and government advisory boards focused on cleantech, education and the environment. He has a B.Com, MBA, FCA, and a LLD (hon).
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