Vivek Anand Joins Ather Energy Board Amid Major EV Expansion Plans

Ather Energy has appointed Vivek Anand as Non Executive Director as it scales electric vehicle operations in India. This will help strengthen the company's board with experienced leadership at a key growth period. Anand, on his part, brings nearly three decades of experience leading FMCG, telecom, paints, consumer healthcare, & real estate businesses. Furthermore, complementary to Ather goals of effectively scaling operations & strengthening corporate governance.

Vivek Anand's Background and Expertise

He is presently the CFO at Hero MotoCorp, where he spearheads financial strategy, capital efficiency, and global mobility plans under the VIDA brand. Anand brings in a core competence in financial transformation, mergers, risk management, and corporate governance, which will be a great addition to Ather Energy's board. On top of this, his experience aligns with key company objectives on growth management, investor relations, and operational efficiency.

Significance of the Appointment

This appointment is a reflection of Ather Energy's focus on governance and strategic expansion beyond product development. It is expected that the leadership experience of Anand will aid the company in strengthening its board decisions to support long term growth. Furthermore, his financial and strategic insights are expected to guide Ather Energy as it broadens its electric mobility footprint in India and international markets.

In all, Vivek Anand's addition is a step toward building a strong governance structure while accelerating electric vehicle initiatives at Ather Energy.

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