In an exciting development, Vedanta Ltd has revealed the appointment of Sonal Shrivastava as its new Chief Financial Officer (CFO), with her tenure commencing from June 1, 2023.
Who is Sonal Shrivastava?
Transitioning from a solid educational background, Shrivastava holds a bachelor’s degree in chemical engineering from BIT, Sindri, and an MBA from the esteemed Jamnalal Bajaj Institute of Management Studies. In addition, she brings an impressive 26 years of financial leadership experience across various sectors, enhancing the depth of Vedanta’s management team, as stated in the company’s press release.
Her Journey to Vedanta
Prior to joining Vedanta, Shrivastava served as CFO for Asia Pacific, Middle East & Africa operations at the renowned Holcim Group, a position that undoubtedly enriched her global perspective and experience.
A Word from Vedanta’s Chairman
Anil Agarwal, Chairman of Vedanta, warmly welcomed Shrivastava, acknowledging her successful track record and extensive global experience. He expressed confidence in her ability to deliver robust financial outcomes across sectors, deeming her a valuable addition to the team.
Shrivastava’s Role at Vedanta
At Vedanta, Shrivastava’s responsibilities will be manifold. She will take the lead on the group’s financial strategy, overseeing accounting, tax, treasury, investor relations, and financial planning and analytics. Additionally, she will play a pivotal role in driving digitalization and enhancing profitability within the company. She will collaborate closely with both internal and external stakeholders to develop and deliver business objectives.
Shrivastava’s Outlook on Her Appointment
In response to her appointment, Shrivastava expressed enthusiasm about her future at Vedanta. She affirmed her commitment to contribute to the company’s success, stating her intention to leverage strategic and financial initiatives to accelerate performance and enhance value for all stakeholders.
