OLA Hires the Infosys Veteran Rajiv Bansal As The Chief Financial Officer Of The Company

After the bang on $500 million fund raiser, Ola comes in with another big news. The archrival of Uber, Ola has announced the appointment of the Infosys veteran, Rajiv Bansal as their Chief Financial Officer. It is said that Bansal has resigned from India's 2nd largest software company in the month of October. He will be joining the Softbank-supported Ola in the month of January 2016.

As reported in Techcrunch, the co-founder and CEO of Ola said in a statement "We are thrilled to welcome Rajiv onboard.. his experience of being at the helm of finance for one of India's most respected companies will help us in adopting best practices and in realizing our mission of building mobility for a billion people."

Ola officials stated that Rajiv's experience in the financial sector for 21 years makes Rajiv the best choice for the core leadership team of Ola. For 16 years, Bansal was a part of Infosys as the CFO and lately evolved as being the advisor to the Infosys CEO. Mitesh Shah, the present Chief Financial Officer of Ola is said to be a part of the team of Bansal, leading the strategic financial programs.

Being at the controls of finance for one of the top most software company makes Rajiv Bansal one of the best choices for Ola. The Uber rival, Ola is sure to adopt the best practices with the appointment of Bansal who has years of experience in companies like Cable & Wireless, Tata Technologies, and ABB before joining Infosys.

According to the reports from IBN Live, Bansal said, Bhavish's leadership skill has built many valued customers, stakeholders, and partners. It is also the reason for the growth of Ola at an alarming pace.Ola will surely maintain the supremacy and authority of corporate business and the finest practices related to financing.

The company is well aware of its responsibility for being one of the most important startups of India. Bansal also believes in creating another globally accepted company out of India by joining the amazing team of Ola.

Rajiv Bansal was one of the most highly paid executives in Infosys having taken home a USD 770,858 package. According to the reports from Economic Times, "Rajiv's understanding and expertise in the finance domain is extremely valuable for us at this juncture of growth," said the CEO of the on-demand taxi app Bhavish Agarwal.

Ola is strengthening its operations by appointing talented personnel across the industries. The beginning of the year saw the appointment of Sunit Singh as VP of Design, Yugantar Saikia was roped in as the Vice President Human Resources and the former executive of Flipkart, Joy Bandekar was also included in the corporate affair roles.