Ultraviolette appoints Ajay Shanker as CFO
His last stint as CFO was with Schneider Electric for their International Business.
Ultraviolette Automotive has appointed Ajay Shanker as its Chief Financial Officer (CFO). Shanker has over 25 years of experience in financial roles at Schneider Electric, IIM Bangalore - NSRCEL, Aricent (Flextronics), Cannon Inc and Yamaha Motors.
His last stint as CFO was with Schneider Electric for their International Business GSC covering India, the Middle East, Africa and South America, East Asia, Japan and the Pacific.
Narayan Subramaniam, CEO and Co-Founder, Ultraviolette said, “Ajay’s unparalleled experience and strategic insight will be crucial as we evolve into
a global scale product company with multiple business verticals."
Ajay Shanker, CFO, Ultraviolette said, "The company’s blend of innovation, global talent, strong competitive positioning, and clear vision for the future is what drew me in."
This pivotal appointment comes at a time when Ultraviolette is gearing up for expansion and innovation, as per the press release.
RELATED ARTICLES
Weekly News Wrap: Hyundai Eyes Third Plant, CAFE III Notified, EV Sales Hit Record
Record EV sales, new fuel-efficiency rules and fresh manufacturing plans marked a week of rapid change across India’s au...
Skoda Sees Potential SUV Fatigue Giving Sedans a Fresh Opening
Slavia contributes 18–20 percent of monthly sales as Skoda refreshes the model and looks to preserve its sedan leadershi...
JLR Q2 Wholesales Rise 24% Year-on-Year as UK and Overseas Markets Offset China and Middle East Weakness
By model, Range Rover, Range Rover Sport and Defender made up 77.6% of total wholesale volumes, up from 76.7% in Q2 FY26...



21 Feb 2024

Ketan Thakkar