Upkar Arora is the Co-founder and CEO of Rally Assets, Canada’s leading impact investment management firm, an award-winning B Corporation and a fund of fund manager implementing the Government of Canada’s $755M social finance fund. Rally’s purpose is to shift capital systems to create a more just and equitable society, using financial, human and social capital.

Over his career prior to Rally, Upkar has worked in finance and leadership roles with some of Canada’s most successful and well known corporations, families and philanthropists – building, operating and advising public and private companies of varying sizes, stages and sectors, both domestically and globally.

Upkar holds the ICD.D designation and has served on boards of several for profit and not-for-profit organizations including Wolf Willow Institute for Systems Learning, Meridian Credit Union, Vancity Community Investment Bank, Metrolinx, University of Waterloo, Institute for Canadian Citizenship McMichael Canadian Art Collection, and several early-stage startups.

He is an FCPA, FCA having been awarded the accounting profession’s highest honour (the “Fellow”) in 2017. Upkar is an adjunct lecturer at the University of Waterloo where he received the Distinguished Teacher Award in 2022. He is also a BMW Foundation Global Responsible Leader. He obtained his Bachelor’s and Master’s degrees in accounting and economics from the University of Waterloo.