Ola Electric brings in new CFO as Harish Abichandani exits abruptly | Business News

2 weeks ago 105K
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Ola Electric Mobility Ltd. has announced the appointment of Deepak Rastogi as its new Chief Financial Officer, following the unexpected resignation of Harish Abichandani. The company, a key player in the electric vehicle market, has not disclosed the reasons behind Abichandani's abrupt departure, sparking speculation within industry circles. Rastogi, who brings a wealth of experience from his previous roles in finance and strategic planning, is expected to steer the company through its next phase of growth. The transition comes at a critical time for Ola Electric, as it continues to expand its product offerings and scale up production capabilities. With the electric vehicle sector gaining momentum globally, Rastogi's expertise is anticipated to be instrumental in navigating financial challenges and capitalizing on new opportunities. Industry analysts suggest that this leadership change could signal a strategic shift to strengthen Ola Electric’s financial foundation amid increasing competition. Stakeholders are keenly watching how Rastogi will influence Ola Electric's financial strategies and long-term plans. As the company aims to enhance its market position, the new CFO's approach to financial management will be pivotal. Ola Electric's commitment to innovation and sustainability remains steadfast, and Rastogi's leadership will be crucial in aligning financial objectives with the company's broader vision.

— Authored by Next24 Live