Vedanta Resources plc has appointmented of Srinivasan Venkatakrishnan (Venkat) as Chief Executive Officer (CEO) and a member of the Board of Directors, effective 31 August 2018. He succeeds Kuldip Kaura, the current Interim CEO.
Since 2013, Venkat (53) has been CEO of AngloGold Ashanti Limited, the world’s largest emerging market gold producer. Between 2005 and 2013, he was AngloGold Ashanti’s Chief Financial Officer and prior to this, he was CFO of London-listed Ashanti Goldfields Limited.
Anil Agarwal, Chairman of Vedanta, said: “We have gone through a very thorough search process and are delighted to invite Venkat to join Vedanta in the position of CEO. Venkat is a widely respected business leader in the global resources space, who brings to Vedanta an impressive set of values and a wealth of experience in corporate and other roles in the UK, Africa, Australia, South America and India. He also has a strong track record managing a complex portfolio of operating assets and projects across Africa. He has proved his ability to deliver significant operating and financial improvements, while also ensuring important advances in sustainability. The team at Vedanta and I are very much looking forward to working with him. We are grateful to Kuldip Kaura for his support during the interim period; he will continue as interim CEO until Venkat joins.”
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