LONDON (dpa-AFX) - Vedanta Resources Plc (VED.L) said that it appointed Kuldip Kaura as Interim Chief Executive Officer of the Group, effective 1st September 2017. As previously announced, Tom Albanese will step down as CEO and from the Board on 31st August 2017. Albanese will continue in his role as Chairman of KCM. Mr Kaura will not serve as a Director on Vedanta's Board.
Vedanta's search for a new CEO is ongoing and the Board believes that Mr Kaura will ensure a smooth transition. Mr Kaura has extensive knowledge of Vedanta's operations, having held various senior management and leadership roles at Vedanta Resources and Group companies over the past 15 years.
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