+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Was former CFO Rajiv Bansal not fit for Ola? His ex-colleagues think so

Feb 15, 2017, 12:52 IST
Ex-colleagues of Rajiv Bansal, who quit his position as CFO of India's largest ride-hailing app Ola, think that he was a misfit in the company and made things difficult.
Advertisement

Some of the employees feel that under Bansal, the finance team at Ola created processes that had the inadvertent effect of slowing down operations.

"He (Bansal) is to the point, means business - a transaction-oriented person rather than one who cultivates relationships," one person familiar with his working style at Ola told ET.

He was also termed as a boss who was difficult to deal with by many Ola employees.

"He could be a tough boss," an employee who had worked with him at Ola told ET.

Advertisement

Some of the Ola employees think that Bansal made things difficult and processes long.

"If one set of clearance was needed, they (Bansal's finance team) increased it to four. This increased confrontations in the (Ola) office across departments, and many threatened top management that it is either us or them," an Ola executive, told ET.

However, as per the industry experts, this is after all, what a CFO is tasked to do i.e. ask tough questions of the CEO.
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article