EDMONTON, Alberta, Jan. 4, 2022 – PRESS RELEASE – Aurora Cannabis Inc., a Canadian company aiming to define the future of cannabinoids worldwide, announced the appointment of Chitwant Kohli as director to the company’s board of directors, effective Jan. 4. This is a newly added position that expands the board to nine members, seven of whom are independent.
Kohli
joins the board following a fulsome career as a senior financial executive with
significant experience in finance, strategic planning, real estate and
operations. After 29 years of service at Royal Bank of Canada (RBC), where he
enhanced the company’s industry leading position, Kohli retired as senior vice president
of Enterprise Operations and Payments. In his last role at RBC, Kohli led a
global team of 1,800 members and was responsible for operating and expanding
the Shared Services of Payments and Trade, Cash Processing, Human Resources and
Finance related services. Kohli also held key executive roles including senior vice
president of Retail Finance, where he was responsible for providing finance
leadership for Canadian, U.S. and Caribbean Banking, Wealth Management,
Insurance, Technology and Operations, and Global Functions.
Ronald
Funk, chairman of Aurora Cannabis, stated, "It is with great
excitement that we begin the new year by welcoming Chitwant to our board of directors.
He offers a tremendous wealth of knowledge and executive leadership experience
in the banking sector which will help further accelerate Aurora's sustainable,
long-term growth. With his expertise in finance and accounting, costing and
profitability, real estate, operations and performance management, Chitwant
will be instrumental to our progressive agenda, lending his deep experience
that is needed as we progress on our business transformation plan."
Kohli possesses
over eight years of board experience, including chair of the board of directors
at Exchange Bank of Canada, and board member at Trillium Health Partners,
Currency Exchange International and Moneris Inc. He is a chartered professional
accountant (CPA, CMA), holds a Master of Laws (GPLLM) and ICD.D from University
of Toronto and a Master of Business Administration (MBA).
In
addition, Theresa Firestone, appointed independent director in July 2021, will
take on the role of committee chair for the Human Resources and Compensation
Committee (HRCC), effective Jan 4.
