Ultraviolette appoints Ajay Shanker as CFO

His last stint as CFO was with Schneider Electric for their International Business.

Autocar Professional BureauBy Autocar Professional Bureau calendar 21 Feb 2024 Views icon6892 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Ultraviolette appoints Ajay Shanker as CFO

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
Delhi Drafts Bold EV Policy with Tax Waiver for Hybrids

auther Autocar Professional Bureau calendar24 Apr 2025

Delhi's Draft EV Policy 2.0 proposes road tax waivers for hybrids, outlines fresh incentives for EV adoption, and plans ...

Hero MotoCorp Expands Presence in Sri Lanka with Four New 2W Models

auther Arunima Pal calendar24 Apr 2025

The Xoom 110 will be Sri Lanka's first and only scooter in the 110cc category, featuring i3S technology for fuel efficie...

River Crosses Rs 100 Crore Revenue, Hits 1,000 Monthly EV Sales Mark

auther Arunima Pal calendar24 Apr 2025

River aims to operate in over 100 cities by 2026 through a mix of company-owned stores and dealerships.