Vedanta Appoints Rajiv Kumar as CEO Amidst Strategic Demerger

Vedanta has appointed Rajiv Kumar as CEO of its aluminium division as it plans to demerge its operations into four independent entities. Kumar brings three decades of experience to the role and will drive strategic alliances, innovation, and digitalisation to enhance the business value and stakeholder returns.

Vedanta has announced the appointment of Rajiv Kumar as the CEO for its aluminium business, aligning with its broader strategy of demerging its operations into four standalone entities. This decision was ratified by the board on March 26, 2025.

Rajiv Kumar, who previously held key roles at Tata Steel, is tasked with leading the aluminium division through a transformative phase. He is expected to focus on maximizing the division's value by pursuing strategic alliances, promoting innovation, and emphasizing digitalization, the company stated.

Chairman Anil Agarwal reiterated Vedanta's commitment to value creation, predicting that the newly formed companies post-demerger could each reach valuations of USD 100 billion. The demerger will yield independent companies like Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron and Steel.

(With inputs from agencies.)