Vedanta Limited has appointed Sunil Duggal as Interim Chief Executive Officer of the company. Srinivasan Venkatakrishnan will step down as CEO and Director of the Company with effect from 5th April 2020, for personal reasons.
Sunil Duggal will take additional charge as Interim CEO of Vedanta Limited along with his current role as CEO & Director of Hindustan Zinc Ltd. He will report to the Chairman. Sunil brings 36 years of rich and diverse leadership experience and has been associated with the group for last 10 years.
The Company’s Chairman, Navin Agarwal said: "We would like to acknowledge and express our deep appreciation and thank Venkat for his immense contribution to the company. Apart from his relentless focus to drive the company, he has been in the forefront in leading the sustainability practices within the group which has set an industry benchmark. We wish him the very best.”
He added, “We extend a warm welcome to Sunil Duggal who has been a mature and proven leader, held key leadership positions, as our Interim CEO. We look forward to Sunil taking the company to greater heights.”
The Board also appointed Anil Agarwal as the Non-Executive Chairman of Vedanta Limited and Navin Agarwal as Executive Vice Chairman of the Board.
Sunil Duggal said, “I am indebted to the company for this appointment. I am confident that at Vedanta, with its strong moorings, I will be able to steer the company through its trajectory of growth and contribute to the economic progress of our country.”
source https://www.alcircle.com/news/sunil-duggal-appointed-as-interim-ceo-of-vedanta-limited-53409
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