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Hailey Oh

Episode 7: Is passion and networking the secret to thriving in finance? Veena Venkatraman

Updated: Jul 19

Today, we spotlight the inspiring journey of Veena Venkatraman, a finance professional with over 20 years of experience in various facets of the industry. Her story offers valuable lessons on career progression, the importance of networking, and the diverse opportunities within finance. As a Certified Public Accountant (CPA), she honed her skills in the accounting industry before transitioning to her current role as a banker at one of Canada's largest banks, Royal Bank of Canada. 


Veena's career started with an undergraduate degree in mathematics, which laid the groundwork for her analytical abilities. She quickly realized that the academic track wasn't for her and pivoted towards accounting. Her first professional job as an accountant was in South Africa, where she relocated after spending a few years in the UK. This move marked the beginning of her journey in finance, where she gained diverse experiences working for a small business, a pension fund, and a global technology services provider.


From Accounting to Commercial Banking

After establishing a successful career in accounting, Veena sought to expand her horizons beyond the core aspects of finance. This led her to a role in recruitment, where she developed her client relationship management skills. Recognizing the importance of continuous learning, she pursued an MBA, which helped her transition from a pure accounting role to a broader business professional.


Networking played a crucial role in this transition. Through her MBA network, Veena connected with individuals in the banking industry, which opened her eyes to the vast opportunities within the sector. Her current role in commercial banking focuses on innovation lending, helping venture capital-backed companies grow.


The Power of Networking

Veena emphasizes the importance of networking, especially in the banking industry. She advises young professionals to leverage a wide network, including university alumni and industry champions. Conversations with diverse individuals can provide invaluable insights and open doors to new opportunities. Veena believes in the power of persistence and staying open to learning from every experience.


Differences in Work Cultures: A Global Perspective

Having worked in various countries, Veena shares her observations on the differences in work cultures. In South Africa, she found the work environment more personal and relaxed compared to the faster-paced, more structured environment in North America. These differences, influenced by regional cultures and climates, shape the approach to work and professional interactions.


Addressing Stereotypes in Finance

Veena acknowledges the common stereotypes associated with the finance industry, such as perceptions of unethical behavior or a focus solely on money. She counters these views by highlighting the industry's role in fueling business growth and innovation. Finance professionals, according to Veena, play a crucial role in helping businesses thrive and achieve their goals. Ethical practices and a commitment to positive impact are central to her professional philosophy.



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