Ola Electric Appoints Deepak Rastogi as New CFO | Quick Digest

Ola Electric Appoints Deepak Rastogi as New CFO | Quick Digest
Ola Electric, an Indian electric two-wheeler manufacturer, has announced the appointment of Deepak Rastogi as its new Chief Financial Officer, effective January 20, 2026. He succeeds Harish Abichandani, who resigned for personal reasons.

Deepak Rastogi appointed Ola Electric's new CFO, effective January 20, 2026.

Harish Abichandani stepped down as CFO citing personal reasons.

Rastogi brings over three decades of finance experience.

Appointment follows other senior-level exits at Ola Electric.

Company recently revised fiscal 2026 revenue forecast due to sales challenges.

Indian electric two-wheeler major, Ola Electric, has announced a significant leadership change with the appointment of Deepak Rastogi as its new Chief Financial Officer (CFO). This change is effective from January 20, 2026, marking a new chapter for the prominent EV manufacturer. Rastogi takes over from Harish Abichandani, who resigned from the position citing personal reasons, with his departure effective at the close of business on January 19, 2026. Deepak Rastogi is an experienced finance and business leader, bringing over three decades of expertise across capital-intensive industries such as automotive, manufacturing, and industrial products. Prior to joining Ola Electric, he held senior financial leadership roles at various reputable companies, including Puravankara Group, Deepak Fertilisers and Petrochemicals, and Tata AutoComp Systems. This leadership transition comes amidst a period of notable executive movements within Ola Electric. The company has witnessed several senior-level exits over the past year, including its Chief Marketing Officer, Anshul Khandelwal, and Chief Technology Officer, Suvonil Chatterjee, both of whom stepped down in December 2024. Furthermore, Ola Electric has reportedly faced challenges with stalling sales, which led the firm to revise and lower its fiscal 2026 revenue forecast in November last year. While Harish Abichandani had overseen the company's public debut in 2024, the subsequent period saw the company grappling with market share shifts as rivals gained traction. The appointment of Rastogi is a key strategic move as Ola Electric navigates competitive pressures and aims to strengthen its financial leadership for future growth.
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