News: Srinivasan Venkatakrishnan takes charge as CEO of Vedanta Resources

Appointments

Srinivasan Venkatakrishnan takes charge as CEO of Vedanta Resources

The new chief executive replaces Tom Albanese who served as CEO from 2014 - 17 and Kuldip Kaura who has been serving as the interim CEO since.
 Srinivasan Venkatakrishnan takes charge as CEO of Vedanta Resources

Ina recent development, Vedanta Resources appointed Srinivasan Venkatakrishnan, popularly known as Venkat as the Chief Executive Officer (CEO) with effect from August 31, 2018. 

Welcoming  Venkatakrishnan, Anil Agarwal, Chairman of Vedanta said, “Venkat 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 replaces Tom Albanese who served as CEO from 2014 - 17 and Kuldip Kaura who has been serving as the interim CEO since. Venkat joins Vedanta from AngloGold Ashanti Limited, where he served as the CEO of the firm since 2013. Before AngloGold Ashanti Limited, he served as the Chief Financial Officer of AngloGold Ashanti, before which he was CFO of London-listed Ashanti Goldfields Limited. 

Commenting on his appointment, Venkat said: "I am honoured 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."

Until recently Venkat was a Director of Business Leadership South Africa and the World Gold Council. He was a Council Member of the Minerals Council of South Africa and the International Council of Minerals and Metals. Venkat was also a member of the Financial Review Investigation Panel of the Johannesburg Stock Exchange.

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Topics: Appointments, C-Suite

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