Bengaluru: Indian Resource Group Vedanta Limited Holcim AG Executive Named On Monday Sonal Shrivastava as its new chief financial officer, effective June 1.
The move comes as Vedanta’s parents, Vedanta ResourcesSeeks to reduce its debt amid concerns over its ability to meet financial obligations.
This is also after a default in a deal to buy Hindustan Zinc Ltd’s proposed zinc assets Vedanta for $2.98 billion.
Srivastava joins Vedanta from Holcim Group, where she served as CFO for Asia Pacific, Middle East and Africa operations, Vedanta said in a statement.
Last week, Vedanta reported a 68% fall in fourth quarter profit amid fall in metals prices.
The move comes as Vedanta’s parents, Vedanta ResourcesSeeks to reduce its debt amid concerns over its ability to meet financial obligations.
This is also after a default in a deal to buy Hindustan Zinc Ltd’s proposed zinc assets Vedanta for $2.98 billion.
Srivastava joins Vedanta from Holcim Group, where she served as CFO for Asia Pacific, Middle East and Africa operations, Vedanta said in a statement.
Last week, Vedanta reported a 68% fall in fourth quarter profit amid fall in metals prices.