Amid challenging times and legal tangles over its copper plant in southern India, Vedanta Group on Friday announced the appointment of Pankaj Kumar as the chief executive officer of Sterlite Copper with immediate effect, replacing P Ramnath.
Ramnath stepped down from the post after leading Sterlite for eight years. He would, however, continue as a senior advisor.
In addition to the unit’s copper operations, Kumar will also oversee operations at Malco Energy (MEL) and Fujairah Gold (FZH), a press statement said. Sterlite Copper has a 400,000-tonne per annum copper plant at Tuticorin in Tamil Nadu. Read More