Ansar Ali steps down as CEO of Caterham Cars
Caterham Cars' CEO Ansar Ali has stepped down from his post. Former CFO Graham Macdonald will take his place. Ansar was the managing director of Caterham since 2005, when the management assumed control of the business, buying it from the Nearn family. He oversaw the company's operations which saw the rise of the legendary Seven range. It may be recollected that Ansar was also instrumental in bringing Caterham cars to India via the Dabur family.
The decision regarding his shift is said to be a mutual decision and its not immediately apparent where he is headed to.
Tony Fernandes, Caterham group chairman said, "I want to take this chance to thank Ansar for everything he has done for the Caterham brand over many years. Without his leadership Caterham Cars would not be the world renowned, profitable business it is today and we would almost certainly not be working under the Caterham name if he had not initiated the discussions with us that led to the enviable position Caterham finds itself in today."
