Ola founder Bhavish Aggarwal is likely bringing a CEO for cab business. Four well placed sources said an FMCG veteran has been roped in as the CEO of the flagship company Ola Cabs. One of them said the new CEO could join early next week.
If this turns out to be true, this would be an unprecedented move for Ola. From the start, founder Bhavish Aggarwal has remained the CEO. He entrusted a number of executives to handle the day to day affairs at the cab business when he turned his focus on Ola Electric, the vehicle manufacturing business which he started later. It is still not clear whether the new CEO will lead ANI Technologies, the incorporated entity that runs Ola Cabs and its subsidiaries including Ola Financial Services or just the core cab hailing business.
