Ola ropes in former Infosys finance chief Rajiv Bansal as new CFOhttps://indianexpress.com/article/business/business-others/ola-ropes-in-former-infosys-finance-chief-rajiv-bansal-as-new-cfo/

Ola ropes in former Infosys finance chief Rajiv Bansal as new CFO

Bansal will be part of Ola’s core leadership team and will join the company in January, 2016. Mitesh Shah, who is currently the CFO, will lead strategic finance initiatives as part of Bansal’s team.

Rajiv Bansal
Rajiv Bansal

Online taxi hailing service Ola on Thursday announced the appointment of Infosys veteran Rajiv Bansal as its chief financial officer.

Bansal will be part of Ola’s core leadership team and will join the company in January, 2016. Mitesh Shah, who is currently the CFO, will lead strategic finance initiatives as part of Bansal’s team, going forward, the company said in a statement.

Bhavish Aggarwal, co-founder and CEO, Ola said, “Rajiv’s understanding and expertise in the finance domain is extremely valuable for us at this juncture of growth.” Bansal has over 21 years of experience. He joined Infosys as manager of finance in 1999. Prior to becoming the CFO, Bansal was vice president and head of finance.

Before joining Infosys, Bansal worked in different capacities at Tata Technologies, Cable & Wireless, and ABB.

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Earlier in July, Ola had appointed Sundeep Sahni as its vice-president of New Initiatives. Sahni was the managing director of e-commerce venture Lazada Indonesia.

During the same time, it had roped in Arun Sarin, former CEO of Vodafone Group on its Board as an Independent Director.

The company last week had raised $500 million as Series F funding.

The funds have been raised from a group of investors . Ola will use these funds to further accelerate its growth in the Indian market. FE