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
Balu Forge Q2 Consolidated Net Profit Jumps 18%; Board approves ₹162 crore Warrant Issue to Promoters
Standalone revenue from operations for the quarter rose 17.1% to ₹195.44 crore, and profit before tax grew 21.5% to ₹61....
Ashok Leyland Q2 Consolidated Revenue Jumps 35% to ₹17,030 Crore; Profit Up 8.8%
CV volumes up 32%, market share gains in trucks and LCVs; finance arm profit falls 28% on higher provisions
Mahindra Logistics Appoints Mohammed Turra as MD & CEO, Hemant Sikka to Step Down
Turra has been Managing Director and CEO of Mahindra First Choice Wheels, where he has led the growth of the group's mul...



21 Feb 2024
