Vedanta appoints Ajay Goel as CFO

Mining conglomerate Vedanta Limited announced the appointment of Ajay Goel as Chief Financial Officer of the company, with effect from October 30, 2023. He succeeds Sonal Shrivastava, who has resigned from the role of CFO due to personal reasons.

According to the company’s exchange filing, “we wish to inform you that the Board of Directors of the Company, at its meeting held today, has considered and on the recommendation of the Audit & Risk Management Committee and the Nomination & Remuneration Committee, approved the appointment of Mr. Ajay Goel as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from October 30, 2023.”

Ajay Goel is a national rank holder both as a Chartered Accountant and Company Secretary and comes with rich experience in global multinational companies such as General Electric, Nestle, Coca Cola and Diageo – USL in various leadership roles.

Ajay was earlier associated with Vedanta as Acting CFO & KMP of the Company from October 23, 2021 to April 09, 2023. During his earlier role at Vedanta, Ajay contributed significantly in terms of driving Business Performance, managing the financial affairs of the Company and heading the finance function with his leadership acumen. He was also instrumental in successfully handling regulatory approvals, investments matters, capital allocation, investor relations and major M&A related affairs.

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