Ultraviolette Names Ajay Shanker as CFO for Global Electric Mobility Push
Bangalore-based electric vehicle startup Ultraviolette has recently announced the appointment of Ajay Shanker as its Chief Financial Officer (CFO). With an extensive background spanning over 25 years in finance, Shanker has held significant roles at renowned companies such as Schneider Electric, IIM Bangalore - NSRCEL, Aricent (Flextronics), Cannon, and Yamaha Motor. Notably, his most recent position was as CFO at Schneider Electric, overseeing the international business Global Supply Chain (GSC) for regions including India, Middle East, Africa & South America, East Asia, Japan, and Pacific.
Ultraviolette's CEO and Co-Founder, Narayan Subramaniam, expressed confidence in Shanker's appointment, stating, "Ajay’s experience and strategic insight will be crucial as we evolve into a global scale product company with multiple business verticals".
"Shanker himself conveyed excitement about joining Ultraviolette, emphasizing the company's innovative approach, global talent pool, competitive positioning, and clear vision for the future. He stated, "I’m thrilled to be part of this journey to redefine electric mobility on a global scale".
Ultraviolette aims to leverage Shanker's financial expertise as they strive to establish themselves as a significant player in the electric mobility sector, signaling their commitment to expansion and innovation in the evolving market.
