Ajay Shanker Appointed As Ultraviolette's CFO To Drive Global Expansion

Mobility Outlook Bureau
21 Feb 2024
12:02 PM
1 Min Read

He brings invaluable insights into international markets and financial strategies from his experience.

Ajay Shanker Appointed As Ultraviolette

Ultraviolette Automotive has made a notable stride in its journey towards global expansion with the appointment of Ajay Shanker as its Chief Financial Officer (CFO). The decision underscores Ultraviolette's commitment to advancing its global expansion plans and consolidating its position as a leader in the electric mobility sector.

Ajay Shanker brings to the table a wealth of experience spanning over 25 years, having held key financial positions at esteemed organisations such as Schneider Electric, IIM Bangalore - NSRCEL, Aricent (Flextronics), Cannon Inc, and Yamaha Motors. Notably, his tenure as CFO at Schneider Electric for their International Business GSC covering diverse regions including India, Middle East, Africa, South America, East Asia, Japan, and the Pacific, has endowed him with invaluable insights into international markets and financial strategies.

Narayan Subramaniam, CEO & Co-Founder of Ultraviolette, hailed Ajay's appointment as a strategic move that aligns with the company's vision of becoming a global frontrunner in electric mobility. Subramaniam emphasised Ajay's unparalleled experience and strategic acumen as instrumental in navigating Ultraviolette's evolution into a global-scale product company with diverse business verticals.

In his statement, Ajay Shanker expressed his enthusiasm for his new role, underscoring Ultraviolette's ambition to lead the electric mobility race through innovative products and a robust business model. He cited the company's blend of innovation, global talent pool, competitive positioning, and clear vision as the driving factors behind his decision to join Ultraviolette. Shanker expressed eagerness to contribute to the company's journey towards redefining electric mobility on a global scale.

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