SoftBank-backed Ola boosts leadership team, appoints top executives

SoftBank-backed Ola boosts leadership team, appoints top executives

Mobility platform Ola has announced key leadership appointments at Ola Financial Services, Ola Cars and Ola Electric. The appointments are a continuation of Ola’s drive to attract the best of global talent to realize its vision of New Mobility, which includes New Mobility Services.

PV Harinarayan has joined as VP Lending, Ola Financial Services. Harinarayan has nearly two decades of experience in the banking and fintech domain, having previously been the CEO of Simple Pay, where he was responsible for building a hi-tech purpose-led digital lending NBFC. He has previously worked with organizations like Bajaj Finserv, Barclays and ICICI Bank.

V Ramesh Ola has joined FutureFactory as VP and Head of Operations and will be responsible for efficient operation and instilling best practices in safety, quality and productivity that will help transform FutureFactory into the world’s largest and most advanced two wheeler factory. will help Built on Industry 4.0 principles. Ramesh brings with him over three decades of experience in manufacturing, quality, design and development having worked at Toyota, Maruti Suzuki, Lucas TVS and Tata Hitachi.

Pritesh Mahajan has joined Ola Electric as head of two-wheeler product planning and program management and will be responsible for overseeing engineering program management for the company’s two-wheeler program, which includes both the current line-up, as well as future products . , With over two decades of rich experience, Pritesh joins us at ABB where he has managed global and local businesses as the Head of the Global Instrumentation business.

Bhavish Aggarwal, Founder and CEO, Ola said, “We are ushering in a new era of mobility and continue to attract the best of talent from across the globe to build it at scale.” “These additions to our leadership team add significant experience and diverse skills to Ola in critical areas including lending, production and quality as well as engineering management and I look forward to collaborating with them to accelerate the world’s transition to sustainable mobility.” I look forward to it.”

These senior appointments come close on the heels of other high-profile leadership announcements recently in the past several months, including Arun Sirdeshmukh, CEO, Ola Cars, with Vinay Bhopatkar as head of the delivery business. Over the past several months, Ola has significantly expanded its leadership teams, with GR Arun Kumar as Group CFO, N Balachander as CHRO, Rakesh Bhardwaj as Group CIO, and Head of Design for Ola Electric. Wayne Burgess, Jose Pinheiro, Chief. Global Manufacturing and Operations, Ola Electric and YS Kim as Ola Electric’s Global Head of Sales and Distribution and Julian Gefford as Ola Electric’s Head of European Operations.

SoftBank-backed Ola has also accelerated hiring at all levels to build deep bench strength of talent and leadership pipeline across roles across the organisation. It is strengthening the company’s capabilities in AI, big data and analytics, app development and IoT, digital and software technologies that are built behind its existing businesses.

In October this year, Ola Chief Financial Officer Swayam Saurabh and Chief Operating Officer Gaurav Porwal decided to move on from the company. The company’s core ride-hailing unit was planning to go public and raised $500 million in July this year from Warburg Pincus and Temasek. These investment firms had partnered with company founder Bhavish Agarwal for this round.

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