Ambuja Cements Ltd has unveiled significant leadership updates, marking a new chapter in its journey. Effective March 31, 2025, Vinod Bahety will step down as Chief Financial Officer (CFO). Following this, Rakesh Tiwary has been appointed as the new CFO, bringing fresh perspectives to the company's financial strategies.
In a strategic move, Vinod Bahety will transition to the role of Chief Executive Officer (CEO) and Wholetime Director for a three-year term starting April 1, 2025. His extensive experience and leadership are expected to steer Ambuja Cements toward greater innovation and operational efficiency.
Additionally, Ajay Kapur has been reappointed as Managing Director for a two-year term, ensuring continuity in the company's vision and execution. These leadership changes reflect Ambuja Cements' commitment to strengthening its management team and driving sustainable growth in the cement industry.
Sources: Reuters, Ambuja Cements Ltd.