MAM
Ajay Shanker joins Ultraviolette as CFO to spearhead global expansion
Mumbai: Ultraviolette Automotive, an innovator in future-ready Electric Vehicle Platforms and battery technology, is excited to announce the strategic induction of Ajay Shanker as its chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal 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, the 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.”
Ultraviolette CTO & co-founder Niraj Rajmohan shared his perspective, “We are on the brink of revolutionising 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 pivotal appointment comes at a time when Ultraviolette is gearing up for an exciting phase of expansion and innovation, backed by strong business fundamentals and a track record of success, including the F77’s recent accolade as AUTOCAR Awards 2024 – “Electric Two-Wheeler of the Year.”
Brands
Emami names Dhruv Aggarwal as chief growth officer
Former Bain partner steps in as FMCG firm sharpens growth playbook
MUMBAI: Emami Limited has appointed Dhruv Aggarwal as its chief growth officer, effective 25 March 2026, following the resignation of Giriraj Bagri.
Aggarwal joins the FMCG major from Bain & Company, where he most recently served as partner. With over two decades of experience across consulting and strategy, he brings a global perspective shaped by work across India, the US, the UK and Germany.
During his tenure at Bain, Aggarwal advised consumer, retail and media companies on large-scale transformations, business turnarounds and growth strategies. He was also closely involved with India’s startup ecosystem, guiding early-stage ventures on scaling and digital expansion, while supporting private equity and venture capital firms on investment decisions.
His earlier stints include a brief role at Barclays Capital and operational experience at Jindal Power, giving him a mix of financial and industry exposure.
Academically, Aggarwal holds an MBA from Indian Institute of Management Bangalore and has also been associated with University of Illinois Urbana-Champaign as a PhD candidate and teaching assistant.
The appointment comes at a time when Emami Limited is looking to sharpen its growth strategy in a competitive consumer market. With a seasoned strategist now at the helm of growth, the company appears set to double down on transformation and expansion in the months ahead.
