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Our Bureau

Mumbai , Dec. 13

ACC Ltd has appointed Mr Sumit Banerjee as the CEO designate from January 1, 2007.

He will take over as Managing Director from April 1, 2007, after Mr M.L. Narula, present Managing Director, retires on March 31, 2007.

Mr Banerjee, a B. Tech in mechanical engineering from IIT Kharagpur, is now the Managing Director of Tube Investments Ltd.

His term with ACC will continue till December 31, 2011.

At the board meeting of ACC held on Wednesday, Ms. Shikha Sharma, Managing Director, ICICI Prudential Life Insurance Company Ltd, has been appointed as an Independent Director.

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