Vedanta Chief Monetary Officer (CFO) Sonal Shrivastava has stepped down after a serious structural overhaul was introduced in September, the corporate stated on Tuesday.
Shrivastava is leaving Vedanta 4 months after becoming a member of the corporate in June. He was the third CFO of the billionaire Anil Agarwal-led agency since 2021 after G.R. Arun Kumar and Ajay Goel.
Apparently, Goel, who has stop Byju’s as Chief Monetary Officer, will return to Vedanta and exchange Shrivastava. Goel had resigned from Vedanta in April to take over as Byju’s CFO.
Byju’s stated Goel will probably be changed by firm’s President (Finance) Nitin Golani, who has been given the additional accountability of India CFO.
The corporate stated Goel resigned from the edtech main after finishing the audit course of for the monetary yr 2022.
“I thank the founders and colleagues at Byju’s for serving to me assemble the FY’22 audit in three months. I respect the help obtained throughout a brief however impactful stint at Byju’s,” Goel stated.
Vedanta is gearing as much as divide the metals-to-oil conglomerate into six separate companies, a choice taken final month to shore up the group’s monetary efficiency, reported Reuters.
– with inputs from companies
