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
Ola Electric Allots 37 Crore Partly Paid-Up Shares Under Rights Issue
The electric two-wheeler maker expands paid-up equity share capital to Rs 4,850.57 crore following allotment approval.
Bosch Board to Consider Stock Split
The automotive component supplier adds capital restructuring proposals to consider during its November 6 board meeting.
Belrise Industries Partners With Japan’s Yamato for Intake Components
The auto component supplier secures technology license to manufacture air filters, oil filters, and resin intake manifol...



21 Feb 2024
Autocar Professional Bureau
