Ola Electric Mobility Limited Leadership Change in Finance

Ola Electric Mobility Limited has reported a significant shift in its financial leadership following the resignation of Chief Financial Officer Harish Abichandani, as disclosed in a regulatory filing. Abichandani has departed from his position due to personal reasons, and his resignation takes effect immediately.

New Appointment of Chief Financial Officer

Following his exit, the board has confirmed the appointment of Deepak Rastogi as the new Chief Financial Officer, with his start date set for January 20, 2026. Rastogi will also take on the role of Key Managerial Personnel and will be integrated into the senior management team at the company.

Deepak Rastogi’s Experience

Deepak Rastogi comes with over 30 years of experience in capital-intensive industries. Prior to his role at Ola Electric, he held various senior finance and leadership positions at Puravankara Group, Deepak Fertilisers & Petrochemicals, and Tata AutoComp Systems, among other companies.

Context of Leadership Changes

This leadership transition occurs during a broader period of investor reshuffling at Ola Electric. Recently, early investor SoftBank sold a 2.15% stake in Ola Electric through open-market transactions from September 2025 to January 2026, which has lowered its stake in the electric vehicle manufacturer to approximately 13.53%.

Recent CFO Changes in Other Companies

In related news, co-working company Awfis Space Solutions has announced the resignation of its CFO, Ravi Dugar, with Sumit Rochlani appointed as his successor. Additionally, The Sleep Company and an online fashion retailer have appointed Hemal Jain and Kannan Ganesan, respectively, as their new Chief Financial Officers.