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Former Symcor CEO Chameli Naraine joins PolyML Board of Directors

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Former Symcor CEO, recognized for driving digital transformation and innovation, joins PolyML to accelerate strategic growth

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WATERLOO, Ontario — PolyML, an innovator in data analytics and machine learning (AI), announced today that Chameli Naraine, a trailblazer in the fintech and payments industry, has joined its Board of Directors. Naraine’s appointment marks a significant milestone in PolyML’s growth trajectory and reflects the company’s commitment to advancing responsible innovation and industry leadership.

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As President and CEO of Symcor from 2010 to 2024, Chameli Naraine led a sweeping digital transformation, repositioning the organization as a nimble, digital-first powerhouse. Under her leadership, Symcor became one of Canada’s leading providers of secure business process outsourcing and technology services across key sectors including financial services, telecommunications, and utilities. Her strategic foresight and emphasis on culture change cemented her legacy as one of the most influential figures in Canadian fintech.

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“Bringing Chameli’s calibre of leadership and her deep payments industry experience to our Board is a game-changer for PolyML,” said Mardi Witzel, CEO of PolyML. “We are incredibly excited about the strategic insights and innovative spirit she will bring to our team.”

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“Chameli’s visionary approach to technology, governance, and risk management will be absolutely critical as PolyML enters its next phase of growth,” said Dr. Gaston Gonnet, co-founder and Chairman of PolyML. “Her addition strengthens our ability to deliver cutting-edge, compliant, and explainable AI solutions to global financial institutions.”

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Beyond her corporate achievements, Naraine is a dedicated philanthropist through the Naraine Family Foundation, which focuses on advancing education, health, and wellness initiatives for women and children in Canada, India, Honduras and Kenya. She has also converted family farms into sustainable, eco-friendly operations, providing fresh food to underserved communities and hands-on learning opportunities for students.

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Naraine’s many accolades include being named one of Canada’s Top 100 Most Powerful Women, Ascend Canada’s Pan-Asian Leader of the Year, and recipient of the Trailblazer Award from Women’s College Hospital.

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Her appointment signals a bold new chapter for PolyML as the company scales its mission to redefine the future of AI in financial services through ethical innovation, privacy-preserving technology, and explainable machine learning.

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About PolyML

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PolyML is a Waterloo-based technology company specializing in data analytics and machine learning (AI) solutions across a range of sectors. Founded by Dr. Gaston Gonnet and a team of leading computer scientists, PolyML helps financial institutions leverage value from some of their most complicated data across a range of applications. The company’s platform enables extraction of high-value insights, interpretable models, and specialized approaches to forecasting—empowering organizations to deploy AI with confidence, clarity, and accountability.

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Contacts

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Media Contact

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Karson Simpson

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Manager, Public Relations

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Communitech

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