Ola appoints former Unilever EVP Hemant Bakshi as CEO

Hemant Bakshi, former EVP of Unilever marketplace and chairman of Unilever Indonesia, has assumed the role of chief executive officer at Ola.

This decision comes as part of the company's efforts to streamline operations, with Bhavish Aggarwal transitioning out. Aggarwal is reportedly stepping down from the role to take the helm of Krutim, his newly established AI Unicorn in India.

Announcing Bakshi’s leadership to spearhead Ola’s continuous growth, founder Aggarwal posted on X.com, “In our next phase of growth, our vision is to serve one billion Indians and we are all set to reimagine and redefine mobility!

The potential for us to shape the future is immense. We believe that premiumisation through choices, electrification  for affordability and convenience while leveraging technology will be the key pillars that will transform mobility in India. @hemant2008”

At @Olacabs, we have witnessed a remarkable business & revenue growth in FY23, turning our India Mobility Business profitable last fiscal.

In our next phase of growth, our vision is to serve one billion Indians and we are all set to reimagine and redefine mobility!

The…

— Bhavish Aggarwal (@bhash) January 25, 2024

In his new role, Bakshi brings over 30 years of experience. He began his career with Hindustan Unilever and was appointed as Executive Director of Sales and Customer Development in 2008.

Info@BestMediaInfo.com