Was former CFO Rajiv Bansal not fit for Ola? His ex-colleagues think so
Advertisement
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.
Advertisement
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.
Advertisement
"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.
Advertisement
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- 2 states where home prices are falling because there are too many houses and not enough buyers
- "To sit and talk in the box...!" Kohli's message to critics as RCB wrecks GT in IPL Match 45
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market