Ola hires former Vedanta executive GR Arun Kumar as its new group CFO

• Kumar has previously worked with US-based multinational firm GE, and fast moving consumer goods (FMCG) giant Hindustan Unilever.
• Saurabh was previously with companies like Hindustan Zinc, Philips, Asian Paints and Larsen and Toubro.
• Ola had recently appointed Wayne Burgess as Ola Electric’s design head.

Ride-hailing app Ola, on Thursday, announced that it has appointed G.R. Arun Kumar as its new group chief financial officer (CFO). Kumar will also be the financial head of Ola Electric, its electric vehicles vertical. He was the executive director and group CFO at natural resources firm Vedanta Resources, according to his LinkedIn profile.

The company, in a press statement, also said that Swayam Saurabh will be the new CFO for its mobility, financial services and food businesses vertical. Basically, he will be looking after the finances of Ola’s consumer internet businesses.

Kumar has previously worked with US-based multinational firm GE, and fast moving consumer goods (FMCG) giant Hindustan Unilever.

Saurabh was previously with companies like Hindustan Zinc, Philips, Asian Paints and Larsen and Toubro.

Ola’s chairman and group chief executive Bhavish Aggarwal, said, “Arun [Kumar] and Swayam [Saurabh] bring deep financial expertise across large and complex global organisations and multiple industries including minerals, construction and FMCG amongst others.”

The company has been on a hiring spree, recently, and made some significant changes at the top-level.

Ola, registered as ANI Technologies Pvt. Ltd, had recently appointed Rakesh Bhardwaj as its group chief information officer (CIO) in April this year. N Balachandar was hired as Ola Electric’s chief human resources officer (CHRO) in May 2021.

Wayne Burgess was hired as the head of design for its electric vehicles segment. Burgess is the man behind iconic designs of Bentley Arnage, Aston Martin’s DB9, Jaguar XF, F-Type,F-Pace SUV and XE.


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