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    HomeNewsBusinessVedanta Resources names ex-CEO Kuldip Kaura as interim chief executive

    Vedanta Resources names ex-CEO Kuldip Kaura as interim chief executive

    Albanese, whose contract was extended in March for five months, will step down from the board but will remain chairman of Vedanta's Zambian copper business, Konkola Copper Mines.

    August 30, 2017 / 20:18 IST
    A bird flies by the Vedanta office building in Mumbai August 16, 2010. India-focused miner Vedanta Resources said it will buy 51-60 percent of Cairn India for about $8.5-9.6 billion in cash to be funded via debt and cash resources, a move that would represent Vedanta's first foray into oil and gas, and help Edinburgh-based Cairn Energy fund an expensive drilling programme in Greenland. REUTERS/Danish Siddiqui (INDIA - Tags: BUSINESS ENERGY) - RTXSAAV

    Indian mining company Vedanta Resources Plc named former CEO Kuldip Kaura as its interim chief executive, to replace Tom Albanese who is due to step down on Thursday.

    The company's search for a new CEO is ongoing, it said on Wednesday.

    Albanese, whose contract was extended in March for five months, will step down from the board but will remain chairman of Vedanta's Zambian copper business, Konkola Copper Mines.

    Kaura was CEO of Vedanta from 2005 to 2008 and has been president of the office of the group's chairman since 2016.

    first published: Aug 30, 2017 08:16 pm

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