Ola Electric CFO Harish Abichandani Steps Down, Deepak Rastogi Appointed Successor

Electric two-wheeler manufacturer Ola Electric on Monday announced a senior leadership change, with chief financial officer (CFO) Harish Abichandani stepping down and the board appointing Deepak Rastogi as his successor. In a stock exchange filing, the company stated Abichandani has resigned from the post with effect from the close of business on January 19, citing "personal reasons."

"I am hereby submitting my resignation as chief financial officer of Ola Electric Mobility Limited. This decision has been taken due to personal reasons. It has been a wonderful experience to be part of Ola's journey under your visionary leadership," Abichandani wrote in his resignation email to founder Bhavish Aggarwal, according to ET Tech.

The board has approved the appointment of Rastogi as chief financial officer (CFO) with effect from January 20.

Rastogi brings over three decades of experience across automotive, manufacturing and industrial products. He has previously held senior finance leadership roles at Puravankara Group, Deepak Fertilisers and Petrochemicals, and Tata AutoComp Systems, the filing said.

It is pertinent to note that Ola Electric has seen multiple senior-level exits over the past year. Chief marketing officer Anshul Khandelwal and chief technology officer (CTO) Suvonil Chatterjee stepped down in December 2024.