Was former CFO Rajiv Bansal not fit for Ola? His ex-colleagues think so
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Ex-colleagues of Rajiv Bansal, who quit his position as CFO of India's largest ride-hailing app Ola, think that he was a misfit in the company and made things difficult.
Some of the employees feel that under Bansal, thefinance team at Ola created processes that had the inadvertent effect of slowing down operations.
"He (Bansal) is to the point, means business - a transaction-oriented person rather than one who cultivates relationships," one person familiar with his working style at Ola told ET.
He was also termed as a boss who was difficult to deal with by manyOla employees .
"He could be a tough boss," an employee who had worked with him at Ola told ET.
Some of the Ola employees think that Bansal made things difficult and processes long.
"If one set of clearance was needed, they (Bansal's finance team) increased it to four. This increased confrontations in the (Ola) office across departments, and many threatened top management that it is either us or them," an Ola executive, told ET.
However, as per the industry experts, this is after all, what a CFO is tasked to do i.e. ask tough questions of the CEO.
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Some of the employees feel that under Bansal, the
"He (Bansal) is to the point, means business - a transaction-oriented person rather than one who cultivates relationships," one person familiar with his working style at Ola told ET.
He was also termed as a boss who was difficult to deal with by many
"He could be a tough boss," an employee who had worked with him at Ola told ET.
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"If one set of clearance was needed, they (Bansal's finance team) increased it to four. This increased confrontations in the (Ola) office across departments, and many threatened top management that it is either us or them," an Ola executive, told ET.
However, as per the industry experts, this is after all, what a CFO is tasked to do i.e. ask tough questions of the CEO.
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