Ola Electric Mobility Appoints Ex-Vodafone CEO Arun Sarin As Independent Director
Ola Electric Mobility has appointed former Vodafone Group Plc chief executive officer Arun Sarin as an independent director on its board, the electric vehicle arm of Ola said on Tuesday.
Sarin, a veteran in the telecom industry, serves on the boards of Cisco Systems Inc., Accenture Plc, Charles Schwab Corp. and Ola’s parent ANI Technologies Pvt. Ltd.
“I'm delighted to be joining the board of Ola Electric. Electric Mobility at scale is the need of the hour and can help us solve some of the world's most complex problems like climate change, pollution, overdependence on non-renewables, amongst others,” Sarin said.
Ola Electric Mobility was initially established to enable Ola's electric mobility pilot programme in Nagpur in 2017. Last year, Ola announced Mission: Electric to bring one million electric vehicles on Indian roads by 2021.
Ola Electric Mobility had in March raised Rs 400 crore in a funding round led by private equity firm Tiger Global Management and Matrix Partners India.
Speaking of Sarin’s appointment, Ola founder Bhavish Aggarwal said: “Arun's experience of building global businesses and his deep understanding of emerging markets and opportunities will be very valuable for us at Ola Electric in executing towards our mission.”