Shamshad R. Madhok, CA, CFA

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Infrastructure and Project Finance


York University

Sham Madhok is an associate partner in the Consulting and Deals practice at PricewaterhouseCoopers LLP and leads the firm’s Federal Government Infrastructure, Project Finance and Complex Procurement practice. Sham advises public and private sector clients on project finance, transaction strategy and structuring, governance, procurement, risk management, payment mechanism and commercial terms.

Starting June 2014, Sham transitioned into her new role as Leader, Risk and Quality for Deals, comprising M&A, Corporate Finance, Valuations and Infrastructure and Project Finance. In addition to her risk and infrastructure roles, Sham is a key member of PwC's Diversity and Inclusion office focusing on the advancement of women and key market sponsorships.

Sham has more than 20 years’ business experience and 10 years’ project finance experience. She is a recognized leader in the public-private partnership (PPP) sector and has advised on more than 20 projects with a capital value of over $15 billion in Canada, the UK, US, Mexico and Bermuda. She honed her project finance skills in the UK where she was seconded for three years and led many private finance initiative transactions from inception through financial close. Most recently, Sham led PwC’s Toronto Infrastructure & Project Finance (IPF) practice.

Recent transactions:

  • Advised City of Ottawa on the Ottawa Light Rail Transit project and the Lansdowne Redevelopment project
  • Advised Public Works and Government Services Canada in the RFP evaluation, governance and commercial structure of the National Shipbuilding Procurement Strategy

Prior to specializing in infrastructure, Sham worked in Corporate Finance, Mergers & Acquisitions and Valuations in the Canadian mid-market sector. Sham is a former member of the board of governors of the North York General Hospital and its audit and finance committee, as well as the Canadian Hearing Society, Toronto Chapter.

Sham is a Chartered Accountant, holds the Chartered Financial Analyst designation and is a graduate of York University and the Women's Leadership Forum at Harvard Business School.