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Computer Modelling Group Ltd. (CMG), a leader in simulation software, has announced the appointment of Vipin Khullar as its new Chief Financial Officer, effective July 28, 2025. This strategic move strengthens CMG’s leadership team as the company advances its ambitious CMG 4.0 growth strategy, focusing on acquisitions and long-term value creation.
CMG appoints Vipin Khullar as Chief Financial Officer, effective July 28, 2025.
Khullar brings extensive experience from Constellation Software Inc. and IBM Canada.
His role will focus on driving CMG’s acquisition strategy and financial discipline.
Former CFO Sandra Balic transitions to Vice President, Finance.
Khullar’s expertise supports CMG’s CMG 4.0 growth and transformation goals.
The appointment enhances CMG’s leadership for long-term value creation.
Vipin Khullar joins CMG at a pivotal moment as the company pursues its CMG 4.0 strategy, which emphasizes scaling through acquisitions and enhancing operational efficiency. With a proven track record in financial leadership, Khullar is poised to guide CMG through its next phase of growth. “I am excited to welcome Vipin to the team,” said CMG CEO Pramod Jain. “At a pivotal moment in our evolution, he brings an exceptional blend of strategic insight and operational depth along with a proven track record of success. As we continue to scale and pursue ambitious growth through acquisitions, his financial leadership will be critical in ensuring disciplined execution and long-term value creation.”
Khullar’s background includes serving as CFO at Perseus Operating Group of Constellation Software Inc., where he managed a portfolio of vertical market software businesses. His expertise in acquisitions, integration, and financial discipline aligns with CMG’s goals of expanding its market presence and delivering sustainable value to stakeholders.
Khullar expressed enthusiasm for his new role, highlighting CMG’s strong foundation and growth potential. “I am honored to step into this role at such a critical time in CMG’s transformation journey,” said Vipin Khullar. “With strong scientific credibility, global customer trust, and a bold CMG 4.0 strategy, this role offers an exciting opportunity to help shape the future of a company built on an exceptionally solid foundation. I look forward to applying my experience to support its next phase of growth, scaling acquisition capabilities and driving long-term value.”
His experience at Constellation Software Inc. and IBM Canada equips him to navigate complex financial landscapes, making him a key asset for CMG’s strategic initiatives. Based in Toronto, Khullar holds a Bachelor of Commerce in Accounting from Toronto Metropolitan University and is a Chartered Professional Accountant.
As part of this leadership transition, Sandra Balic, CMG’s former CFO, will move to the role of Vice President, Finance. Balic has been instrumental in maintaining robust financial controls and compliance during CMG’s transformation. She will continue to oversee financial reporting and public company compliance, working closely with Khullar to ensure a seamless transition and sustained financial excellence.
This leadership restructuring underscores CMG’s commitment to building a robust financial framework to support its growth objectives. By combining Khullar’s strategic vision with Balic’s operational expertise, CMG is well-positioned to execute its CMG 4.0 strategy effectively.
CMG’s appointment of Vipin Khullar as CFO signals a strong commitment to its growth trajectory. With a focus on acquisitions and financial discipline, Khullar’s leadership will play a critical role in shaping the company’s future, ensuring it remains a leader in the simulation software industry.
CMG is a global software and consulting company that combines science and technology with deep industry expertise to solve complex subsurface and surface challenges for the new energy industry around the world. CMG is headquartered in Calgary, AB, with offices in Houston, Oxford, Dubai, Bogota, Rio de Janeiro, Bengaluru, Kuala Lumpur, Oslo, Stavanger, and Kaiserslautern.
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