Vedanta Resources plc has appointed Srinivasan Venkatakrishnan (Venkat) as Chief Executive Officer and a member of the board of directors. He will succeed interim CEO Kuldip Kaura from August 31.
Venkat (53) has been CEO of AngloGold Ashanti, the world's largest emerging market gold producer, since 2013. Between 2005 and 2013, he was AngloGold Ashanti's Chief Financial Officer and prior to this, he was CFO of London-listed Ashanti Goldfields.
Venkat is a qualified Chartered Accountant and holds Bachelor's degree from the University of Madras.
Anil Agarwal, Chairman, Vedanta, said Venkat has been roped in after a thorough search process and he brings in a wide experience in corporate and other roles in the UK, Africa, Australia, South America and India.
He also has a strong track record of managing complex portfolio of operating assets and projects across Africa. He has proved the ability to deliver significant operating and financial improvements, while also ensuring important advances in sustainability, he added.