Toronto, Ontario, Canada, November 2025 – Smardt Chiller Group, a global leader in oil-free chiller technology and high-efficiency cooling systems, has appointed Amar Persaud as its new Group Chief Financial Officer (CFO). In this global leadership role, Amar will oversee Finance and IT functions across Smardt’s international operations, guiding financial strategy, M&A initiatives, and growth acceleration as the company expands its manufacturing footprint across North America, Europe, Asia, and Australia.
Before joining Smardt, Amar Persaud spent nearly 16 years at GE Renewable Energy, where he held several senior financial leadership roles. Most recently, he served as Head of Global Commercial Finance for the $1 billion Grid Automation business, leading global teams in optimizing deal economics, cash flow, and risk management. His focus on financial discipline and strategic partnership with commercial teams played a pivotal role in supporting GE’s clean energy and grid modernization initiatives.
Earlier, Amar served as Chief Financial Officer for Grid Automation North America, where he led the finance function for a $500 million regional business, overseeing all aspects of controllership, planning, and financial operations. In his prior role as CFO for Grid Protection Relays, he managed financial performance across a $500 million global business with operations spanning Europe, Latin America, and North America. His tenure at GE was marked by a consistent track record of strategic financial management and strong stakeholder alignment across global business units.
Before joining GE, Amar spent over four years with Johnson & Johnson (Pharmaceuticals) as Senior Manager, Corporate Strategic Planning & Revenue Forecasting, and earlier as Manager, Financial Analysis & Decision Support, where he led financial planning, forecasting, and brand profitability initiatives. His work provided analytical depth to key business decisions, enabling strategic growth and improved portfolio performance.
Amar began his career in the pharmaceutical sector with Pfizer, where he served as Senior Financial Analyst and Sales & Marketing Finance Business Partner, responsible for P&L management and financial strategy for a $400 million portfolio of leading brands. His early exposure to global finance, business partnering, and operational excellence established a foundation for his distinguished career in financial leadership.
About Smardt Chiller Group
Smardt Chiller Group is a pioneer and world leader in high-efficiency, oil-free chillers with over 10,000 chillers installed globally. Founded in Montreal, Canada, Smardt operates manufacturing facilities in Montreal (Canada), Plattsburgh (USA), Melbourne (Australia), Stuttgart (Germany), and Guangzhou (China). Its advanced magnetic bearing centrifugal compressors significantly reduce energy consumption and maintenance, offering up to 50% savings in annual operating costs for building owners.
Dedicated to sustainability and innovation, Smardt’s mission is to deliver energy-efficient cooling solutions that help reduce the environmental impact of HVAC systems worldwide, preserving the planet for future generations.
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