31 Aug 2018 12:14
Vedanta Resources plc
16 Berkeley Street
London W1J 8DZ
Tel: +44 (0) 20 7499 5900
Fax: +44 (0) 20 7491 8440
www.vedantaresources.com
31 August 2018
Vedanta Resources plc
Appointment of Srinivasan Venkatakrishnan as CEO and Executive Director
Vedanta Resources plc ("Vedanta") is pleased to confirm that effective today, Srinivasan Venkatakrishnan (Venkat) has commenced his appointment as Chief Executive Officer of Vedanta.
Venkat has also been appointed as an executive director of the Vedanta board of directors with effect from today - such appointment being subject to shareholder approval at Vedanta's forthcoming annual general meeting to be held on 1 October 2018 (details of which have been announced separately).
Details of Venkat's remuneration and service agreement are included in Vedanta's Annual Report and Accounts FY2018.
For further information, please contact:
Communications | Finsbury |
Arun Arora Head, Corporate Communications Tel: +91 124 459 3000 gc@vedanta.co.in
| Daniela Fleischmann Tel: +44 20 7251 3801 |
Investors |
|
Rashmi Mohanty Director - Investor Relations
Sunila Martis Associate General Manager - Investor Relations
Veena Sankaran Manager - Investor Relations | Tel: +44 20 7659 4732 Tel: +91 22 6646 1531 ir@vedanta.co.in |
NOTES TO EDITORS
Srinivasan Venkatakrishnan
Srinivasan Venkatakrishnan (Venkat) has been CEO of Johannesburg-based AngloGold Ashanti Limited, the world's largest emerging market gold producer, with 14 mining and processing operations in nine countries. During his tenure, he has had significant success, delivering major projects on time and on budget improving productivity, strengthening the balance sheet, reducing operating and overhead costs, and improving overall safety and sustainability performance.
Prior to his appointment as CEO in May 2013, Venkat was AngloGold Ashanti's Chief Financial Officer, a post he held since 2005. Before that, between 2000 and 2004, he was CFO of London-listed Ashanti Goldfields Limited. Venkat has accumulated extensive experience throughout his career in the UK, Central America, India, Africa, Australia and South America. He is a qualified Chartered Accountant who holds a Bachelor's degree from the University of Madras.
About Vedanta Resources
Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. For more information on Vedanta Resources, please visit www.vedantaresources.com