Ajay Dixit exits Cairn, is fifth CEO to quit firm since Vedanta acquisition

Cairn Oil & Gas said in a statement that Dixit is superannuating at the end of his five-year term at the group in May

Anil Agarwal-led Vedanta’s oil and gas division Cairn will see a high-profile exit with its Chief Executive Officer Ajay Kumar Dixit set to end his term later this month a year after taking charge. 

Dixit will be the fifth CEO to leave India's largest private sector oil company, since Agarwal's Vedanta took over in 2011. Cairn Oil & Gas said in a statement that Dixit is superannuating from the company at the end of his five-year term at the group in May.  

Though Vedanta Resources announced the acquisition of 58.8 per cent of Cairn India from Cairn Energy for $8.67 billion in