Ola Electric Appoints Deepak Rastogi as New CFO Following Harish Abichandani's Resignation | Quick Digest
Ola Electric has announced the resignation of its Chief Financial Officer, Harish Abichandani, citing personal reasons. The company has appointed Deepak Rastogi as his successor, effective January 20, 2026. Rastogi brings over three decades of experience in financial leadership roles across various sectors.
Harish Abichandani has resigned as Ola Electric's CFO.
Deepak Rastogi appointed as the new CFO.
Rastogi brings over 30 years of financial experience.
Abichandani's resignation is effective January 19, 2026.
Rastogi's appointment is effective January 20, 2026.
The company has seen multiple senior-level exits recently.
Ola Electric has announced a significant leadership change in its finance department with the resignation of Chief Financial Officer (CFO) Harish Abichandani, effective January 19, 2026, due to personal reasons. The company's board has approved the appointment of Deepak Rastogi as the new CFO, with his tenure commencing on January 20, 2026 [1, 2, 3, 10]. Rastogi brings a wealth of experience, boasting over three decades in financial leadership roles across automotive, manufacturing, industrial products, and real estate sectors [8, 15]. His previous senior finance positions include roles at Puravankara Group, Deepak Fertilisers and Petrochemicals, and Tata AutoComp Systems [1, 6, 15].
Abichandani's resignation was communicated in a stock exchange filing, where he expressed gratitude for his time at Ola Electric [1, 2]. The transition occurs amidst a period of considerable leadership churn within Ola Electric, with several senior executives having departed in recent months. These include the chief marketing officer Anshul Khandelwal and chief technology officer Suvonil Chatterjee, who stepped down in December 2024 [1, 2]. This latest executive change comes as Ola Electric navigates a competitive landscape in the electric vehicle market, with its stock performance also being closely watched [11, 16, 18]. The company's shares have experienced a notable decline in recent sessions, with analysts citing the CFO's resignation as a contributing factor to investor sentiment [11, 15, 16]. Rastogi's appointment is expected to provide robust financial oversight and strategic direction as Ola Electric continues its growth trajectory in the burgeoning EV sector.
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