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
Renesas Launches RX74M and RX74N Flagship 32-bit MCUs
Renesas integrates embedded MRAM, 600 MHz processing core, and multi-protocol industrial network support on a single chi...
CIE Automotive India Q32026 Net Profit Rises 14 Percent to Rs 243.6 Crore
The auto component maker reports 11 percent revenue growth driven by expanding domestic operations despite flat sales in...
Blue Energy Motors Joins Govt PARIVARTAN Scheme for Electric Heavy-Duty Trucks
The commercial vehicle maker signs an MoU with the transport ministry to support replacement of aging trucks across Delh...



21 Feb 2024
Autocar Professional Bureau
