Ola appoints GR Arun Kumar and Swayam Saurabh in CFO positions

Mobility platform Ola has announced the expansion of its financial leadership team. The company announced two CFO appointments for the group and the Mobility and Food businesses. G R Arun Kumar joins Ola as Group CFO and the CFO of Ola Electric. Swayam Saurabh, on the other hand, joins as the CFO for Ola's Mobility, Financial Services, and Foods businesses. “At Ola, we are building a world-class leadership team and hiring top talent from around the world. Arun and Swayam bring deep financial expertise across large and complex global organisations and multiple industries including minerals, construction, and FMCG amongst others,” said Ola Chairman and Group CEO, Bhavish Aggarwal.

He added that the executives will help in delivering towards Ola's growth ambitions while maximising capital efficiency.

About G R Arun Kumar

Kumar has over two decades of experience in finance and strategy. He has worked across varied consumer and industrial sectors, including Vedanta Resources, GE, and Hindustan Unilever. “I am elated to have the opportunity to be associated with the game-changing vision of Bhavish and the Ola group to transform the urban mobility space by driving the acceleration to electric vehicles, as well as to expand the footprint of all its consumer internet businesses globally,” Kumar said.

About Swayam Saurabh

Saurabh has more than two decades of experience in a cross-section of roles. This includes internal audit, risk management, business, and operational process improvements, and financial reporting. He has worked with companies including Hindustan Zinc, Philips, Asian Paints, and Larsen & Toubro. He joins the Ola leadership team as CFO of the high-growth mobility business, as well as the fast-growing financial services and foods businesses. His focus will be to build strong growth with a robust bottom line. Further, Saurabh will look at the finances of Ola’s consumer internet businesses.

“I find it super exciting to have the opportunity to be part of the team that will help fuel its next phase of profitable growth. While our primary focus remains creating and delivering rapid growth opportunities, I am also looking forward to creating a strong culture of margin-mindset with world-class governance and processes,” Saurabh said.