Ex-Rio Tinto CEO joins Vedanta

London listed mining giant Vedanta Resources has appointed Tom Albanese, former Chief Executive of Rio Tinto, as chairman of its subsidiary Vedanta Resources Holdings Ltd. This marks the return of Albanese into the mining industry eight months after he had stepped down as the Chief Executive of the British-Australian Rio Tinto. He will not be part of Vedanta's main firm (the listed entity) but will head Vedanta Resources Holdings, which is in between the main company and its operating subsidiaries, Sesa Sterlite and Konkola Copper Mines.

Read the Economic Times news report here.