Bengaluru-based electric vehicle maker Ultraviolette Automotive has appointed Ajay Shanker as its Chief Financial Officer (CFO). He comes with an extensive background spanning over 25 years in pivotal 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, Middle East, Africa & South America, East Asia, Japan & Pacific.
Narayan Subramaniam, CEO & Co-Founder, Ultraviolette Automotive said, “Ajay’s unparalleled experience and strategic insight will be crucial as we evolve into a global scale product company with multiple business verticals. His leadership will enhance our capability to execute our vision, pushing the boundaries of electric mobility worldwide.”
Ajay Shanker added, “I’m captivated by Ultraviolette’s ambition to lead the electric mobility race with groundbreaking products and a solid business model. The company’s blend of innovation, global talent, strong competitive positioning, and clear vision for the future is what drew me in. I’m thrilled to be part of this journey to redefine electric mobility on a global scale.”
Niraj Rajmohan, CTO & Co-Founder, Ultraviolette Automotive said, “We are on the brink of revolutionising electric mobility. Ajay’s expertise in financial strategy and growth management will play a central role in this transformation, ensuring Ultraviolette not only leads but defines the future of sustainable transportation.”
This appointment the company says comes at a time when Ultraviolette is gearing up for its next phase of expansion and innovation, backed by strong business fundamentals and a track record of success.
