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Vedanta Resources Appoints Deshnee Naidoo as First CEO

Vedanta Resources Ltd (VRL), the parent company of Mumbai-based mining conglomerate Vedanta Ltd, has appointed Deshnee Naidoo as its first Chief Executive Officer (CEO) to spearhead its fresh growth phase. Naidoo’s appointment is effective from January 20, 2025.

Deshnee Naidoo brings over two decades of experience in the resources industry across various geographies and diversified metals and minerals. This marks her second tenure with Vedanta; from 2014 to 2020, she held senior leadership roles, including CEO of Africa Base Metals and CEO of Vedanta Zinc International. In her most recent role, Naidoo served as CEO of Vale Base Metals, a nickel and copper firm.

Naidoo’s appointment comes at a pivotal time as Vedanta Ltd, VRL’s Indian subsidiary, is demerging its businesses to unlock significant value for stakeholders. The demerger aims to restructure the company into six independent entities: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Steel and Ferrous Materials, Vedanta Base Metals, and Vedanta Ltd. Shareholders and creditors are scheduled to meet next month to decide on the proposed demerger.

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