Vedanta Resources Plc (“Vedanta”) has appointed Srinivasan Venkatakrishnan as the Chief Executive Officer (CEO) of the company with effect from August 31, 2018. He has also joined the company’s Board of Directors.
Srinivasan Venkatakrishnan is a qualified Chartered Accountant and he has finished his B.Com degree in the University of Madras.
Commenting on the appointment of Venkatakrishnan, Anil Agarwal, Chairman of Vedanta said, “I’m delighted to welcome Venkat who joins us today as Chief Executive Officer of Vedanta Resources Plc. Venkat joins us from AngloGold Ashanti and brings unique perspectives on the global business environment, having a true multi-cultural career journey. His sharp technical skills, business acumen, strong set of ethics and values make him an exceptional leader. I am confident that Vedanta will benefit from Venkat’s insights and global perspective as we continue to focus on executing our strategy and delivering value for all our stakeholders.”
Venkat takes over from Kuldip Kaura who has been serving as the interim CEO since the exit of Tom Albanese who served as CEO between 2014 – 17. Venkat joins Vedanta from AngloGold Ashanti Limited, the world’s largest emerging market gold producer where he served as the CEO since 2013. Prior to AngloGold Ashanti Limited, he was the Chief Financial Officer of AngloGold Ashanti, and London-listed Ashanti Goldfields Limited.
On the occasion, Venkat said: “I am honored to have been selected as Vedanta’s next CEO. It is a privilege to be part of an organization with the broadest capability in the market and a winning strategy that has enabled us to grow strongly. Building further on this success is a challenge I accept with determination, conviction and fierce ambition for the firm. We are an organization led by a purpose – to make a positive, meaningful impact that matters to every stakeholder. I will do my best to serve the network by helping enable our leaders and people to make a difference.”
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