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Vedanta Appoints Holcim’s Sonal Shrivastava As CFO As It Eyes Debt Reduction.

Vedanta Appoints Holcim's Sonal Shrivastava As CFO As It Eyes Debt Reduction.

Vedanta Appoints Holcim's Sonal Shrivastava As CFO As It Eyes Debt Reduction.

Vedanta, the Indian diversified natural resources company, has announced the appointment of Sonal Shrivastava as its Chief Financial Officer (CFO), effective June 1, 2023. Shrivastava joins Vedanta from Holcim, where she was CFO for the India region.

The appointment of Shrivastava comes as Vedanta aims to reduce its debt burden, which stood at $7.4 billion as of March 31, 2022. In a statement, Vedanta’s CEO Sunil Duggal said that Shrivastava’s experience and expertise will be instrumental in driving the company’s growth and delivering shareholder value.

Shrivastava has more than 20 years of experience in finance and accounting, and has held senior leadership positions at companies such as Hindustan Zinc and KPMG. She holds a Bachelor’s degree in Commerce from the University of Mumbai and is a Chartered Accountant.

Vedanta is one of the largest mining and metal companies in India, with interests in aluminum, copper, zinc, lead, and iron ore. The company has been actively seeking to reduce its debt load in recent years, and has sold off non-core assets and pursued cost-cutting measures to improve its financial position.

Vedanta, the Indian diversified natural resources company, has announced the appointment of Sonal Shrivastava as its Chief Financial Officer (CFO), effective June 1, 2023. Shrivastava joins Vedanta from Holcim, where she was CFO for the India region.

The appointment of Shrivastava comes as Vedanta aims to reduce its debt burden, which stood at $7.4 billion as of March 31, 2022. In a statement, Vedanta’s CEO Sunil Duggal said that Shrivastava’s experience and expertise will be instrumental in driving the company’s growth and delivering shareholder value.

Shrivastava has more than 20 years of experience in finance and accounting, and has held senior leadership positions at companies such as Hindustan Zinc and KPMG. She holds a Bachelor’s degree in Commerce from the University of Mumbai and is a Chartered Accountant.

Vedanta is one of the largest mining and metal companies in India, with interests in aluminum, copper, zinc, lead, and iron ore. The company has been actively seeking to reduce its debt load in recent years, and has sold off non-core assets and pursued cost-cutting measures to improve its financial position.

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