Ultraviolette appoints Ajay Shanker as CFO

The appointment takes place as it prepares to grow and innovate.

Ultraviolette Automotive, an innovator in electric Vehicle platforms and battery technology, announces the strategic induction of Ajay Shanker as its CFO. Ajay comes with a background spanning over 25 years in financial roles at Schneider Electric, IIM Bangalore - NSRCEL, Aricent (Flextronics), Cannon Inc and Yamaha Motors.

His last stint as CFO was with Schneider Electric for their international business GSC covering India, Middle East, Africa & South America, East Asia, Japan & Pacific.

Speaking on this strategic move, Narayan Subramaniam, CEO & co-founder, Ultraviolette expressed, “Ajay’s unparalleled experience and strategic insight will be crucial as we evolve into a global scale product company with multiple business verticals. His leadership will enhance our capability to execute our vision, pushing the boundaries of electric mobility worldwide.”

Ajay Shanker, CFO, Ultraviolette expressed his excitement about his new role, “I’m captivated by Ultraviolette’s ambition to lead the electric mobility race with groundbreaking products and a solid business model. The company’s blend of innovation, global talent, strong competitive positioning, and clear vision for the future is what drew me in. I’m thrilled to be part of this journey to redefine electric mobility on a global scale.”

Niraj Rajmohan, CTO & co-founder, Ultraviolette shared his perspective, “We are on the brink of revolutionizing electric mobility. Ajay’s expertise in financial strategy and growth management will play a central role in this transformation, ensuring Ultraviolette not only leads but defines the future of sustainable transportation.”

This appointment comes at a time when Ultraviolette is gearing up for a phase of expansion and innovation, backed by business fundamentals and success, including the F77’s recent accolade as AUTOCAR awards 2024 - 'Electric Two-Wheeler of the Year'.