Ola today announced expansion of its leadership team with the appointment of two Chief Financial Officers. GR Arun Kumar as the Group CFO for Ola and CFO for Ola Electric, while Swayam Saurabh has come in as CFO for Ola’s Mobility, Financial Services and Foods businesses.
Having worked across varied consumer and industrial sectors in both corporate multinationals as well as entrepreneur-led global companies, including Vedanta Resources, GE and Hindustan Unilever, Kumar brings more than two decades experience in finance and strategy, including managing business growth and turnaround, large scale debt and equity capital market benchmark transactions, governance and reporting & compliance. He joins the Ola leadership team at a time when Ola Electric is racing ahead to build the world’s largest two-wheeler factory which will also co-locate key critical suppliers in 2 supplier parks at the 500-acre site in Tamil Nadu, India.
Saurabh brings over two decades of varied experience in a cross section of roles including internal audit, risk management, business and operational process improvements and financial reporting, with companies including Hindustan Zinc, Philips, Asian Paints and Larsen & Toubro and joins the Ola leadership team as CFO of the high-growth mobility business, as well as the fast-growing financial services and foods businesses, with focus on building strong growth with robust bottom-line.
Commenting on the appointments, Bhavish Aggarwal, Chairman and Group CEO, Ola, said, “At Ola, we are building a world class leadership team and hiring top talent from around the world. Arun and Swayam bring deep financial expertise across large and complex global organisations and multiple industries including minerals, construction and FMCG amongst others."
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