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: Tata Motors’ PV-CV Ambitions, Bajaj’s FY27 Priorities, Geely-Backed Deal Nears Clearance
Tata Motors laid out aggressive growth plans for its passenger and commercial vehicle businesses, Bajaj Auto identified ...
NHAI Highway Awards Hit 7-Year Low as Land Acquisition Delays Persist; NHAI Shifts Focus to Debt Repayment: Nuvama
Contract awards and construction output both declined in the fiscal year ended March 2026, raising concerns about near-t...
India to Get China-spec Long-wheelbase BMW X5 in Late 2027
Based on a China-spec model with rear-seat space in mind, the SUV will adopt BMW's Neue Klasse design and arrive alongsi...


21 Feb 2024
7931 Views
Autocar Professional Bureau

Autocar India