Ankush Aggarwal, CBO of Ola Electric, has joined Ola Financial Services as its CEO

Aggarwal is expected to take on several tasks within Ola Cabs, similar to his work at the electric vehicle maker.

This action follows the resignation of the company’s CEO, Hemant Bakshi, within months of joining the startup.

In the midst of reorganization at Ola Cabs, founder Bhavish Aggarwal’s brother Ankush Aggarwal has returned to the ride-hailing firm after working for Ola Electric.

Ankush Aggarwal is a member of the senior leadership team, also known internally as the ‘CXO team’.

This move comes after the company’s CEO, Hemant Bakshi departed within months of joining the startup.

Bakshi handed up his resignation last month. Although he joined Ola Cabs from Hindustan Unilever in September 2023, the firm announced his appointment in January this year.