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Venkatakrishnan named Vedanta CEO

IANS  |  London 

UK-listed natural resources on Monday announced the appointment of as its new in place of the interim incumbent Kuldip

Resources plc said in a statement that Venkatakrishnan, or as he is known, will take over as as well as assume his membership in the board of directors on August 31.

"Since 2013, Venkat, 53, has been of AngloGold Ashanti Ltd, the world's largest emerging Between 2005 and 2013, he was AngloGold Ashanti's and prior to this he was of London-listed Ashanti Goldfields Ltd," it said.

said in a statement: "We have gone through a very thorough search process and are delighted to invite to join Vedanta in the position of brings to Vedanta an impressive set of values and a wealth of experience in corporate and other roles in the UK, Africa, Australia, and "

Venkat said that Vedanta has an outstanding reputation as a global, diversified resources business with impressive assets and an exceptional team.

"My initial focus will be to ensure continued operational excellence, efficient cost management and capital discipline across the portfolio, while continuing to drive improvements to the overall sustainability performance of the business, thereby creating long-term value for all stakeholders," he said.

Venkat is a qualified who holds a Bachelor's degree from the



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 15:24 IST