LEDC has a new leader and if the name sounds familiar, it is because Kapil Lakhotia has been working tirelessly to bring significant new investments and jobs to the region.
After serving as Interim General Manager for the past nine months and dedicating more than 10 years to several important projects directly supporting economic development, Lakhotia was recently named President and CEO of the LEDC.
“It is a true honour to lead an organization like the London Economic Development Corporation,” Lakhotia said. “I am confident in the strong LEDC team and our ability to work closely with community partners to continue to make a positive impact and improve the economic well-being of London.”
With a solid track record of success, Lakhotia has worked on projects that have attracted major new investments to London including Arvin Sango of Japan, Germany’s Dr. Oetker and Spanish chocolatiers Natra. He has worked collaboratively with senior levels of provincial and federal government and has participated in many ministerial delegations, as well as leading several local and regional investment and trade missions in major markets around the world. Currently, Lakhotia sits as the chair of the Ontario Automotive Communities Alliance and the Ontario Food Corridor.
Lakhotia’s result-oriented approach and can-do attitude has streamlined the corporation’s efforts to work as a core unit propelling economic prosperity in the region, while also improving communication and collaboration with community partners.
When he’s not busy working, Lakhotia is known to enjoy a round of golf or a game of squash. He is also involved in the community through his work with organizations including United Way and the Make-A-Wish Foundation’s Rope for Hope, AIESEC Western and more.
Lakhotia holds a master’s degree in economics from the University of Waterloo and a bachelors of arts in economics from Western University. He also served as an instructor at King’s University College, where he taught microeconomics for more than five years.
