Mumbai, December 30, 2024: Ola Electric announced a significant shakeup in its leadership team with the resignation of Chief Marketing Officer (CMO) Anshul Khandelwal and Chief Technology and Product Officer (CTO) Suvonil Chatterjee. The resignations were revealed in a regulatory filing by the company and will be effective from December 27, 2024.

In the filing, the company stated, “We hereby inform you that Anshul Khandelwal, Chief Marketing Officer, and Suvonil Chatterjee, Chief Technology and Product Officer, have tendered their resignation effective December 27, 2024.”

Leadership History
Suvonil Chatterjee joined Ola in 2017, initially serving as Head of Design, before assuming the role of CTO, where he spearheaded product and technological innovations for the company. Anshul Khandelwal began his tenure with Ola in March 2018 as Head of Marketing and was instrumental in shaping the brand’s outreach and customer engagement strategies.

Broader Context: A Wave of Departures
This development is part of a broader trend of high-profile resignations across the Ola Group in recent months. Other senior executives who have exited the organization include:

N Balachandar
Ravi Jain
Sidharth Shakdher
Kartik Gupta
Hemant Bakshi
The departure of such key personnel underscores challenges in maintaining leadership stability as Ola Electric navigates a competitive electric vehicle market and pushes for growth.

Impact on Ola Electric
The resignations of Chatterjee and Khandelwal come at a critical time when Ola Electric is expanding its presence in India’s EV market. Both executives played pivotal roles in the company’s strategic direction. Industry observers suggest that this leadership void may present challenges for the company as it works to maintain its momentum in the evolving EV landscape.

Further updates from the company on their replacements or interim leadership plans are awaited.

Author: Sonali kamble