Ambuja Cements Appoints Vinod Bahety as CEO & Ajay Kapur as MD

In a top-level rejig, Ambuja Cements, part of Adani Group, has appointed Vinod Bahety as its new CEO and designated the incumbent Ajay Kapur as the managing director. According to the company, the Ambuja Cements board has approved the "Appointment of Vinod Bahety as Additional Director and Whole-time Director and Chief Executive Officer of the Company for a term of three years."

Additionally, the company has announced the appointment of Rakesh Tiwary as its Chief Financial Officer. The board also approved Praveen Garg's appointment as a Non-Executive Independent director on the Company's board for three years. All these changes will be effective April 1, 2025.