According to the notice issued on April 23, 2022, Vishakha Mulye will become CEO of the Aditya Birla Group. The chartered accountant will take over for Ajay Srinivasan, who resigned from his position.
On April 23, 2022, Vishakha Mulye, the ED of ICICI Bank, was appointed as the new Chief Executive Officer of Aditya Birla Group. Vishakha, a chartered accountant and one of India’s leading corporate women, will take over for Ajay Srinivasan, the now-former CEO of Aditya Birla Group, who stepped down. According to the notice announcing Vishakha’s appointment, Ajay will take on a new role within the Aditya Birla Group.
Vishakha Mulye Becomes The CEO Of Aditya Birla Capital Limited
On April 23, 2022, Vishakha was named Chief Executive Officer of Aditya Birla Capital Limited. “This is to inform you that the Board of Directors, at their meeting held today, based on the recommendations of the Nomination, Remuneration & Compensation Committee, have approved the appointment of Ms. Vishakha Mulye as the next Chief Executive Officer (CEO) of Aditya Birla Capital Limited Group (‘Company’),” read the notice of her appointment.
Vishakha will start as CEO on June 1, 2022, according to the notice. She and Ajay Srinivasan will collaborate as CEO for a month to ensure that duties and information are transferred smoothly. Following the overlap period, she will take over as the group’s new CEO. The notice also expressed gratitude to Ajay Srinivasan, the company’s CEO since 2007, for his contributions to the company’s growth.
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Vishakha has worked for the ICICI Group since 1993. In 2016, she was appointed as the Executive Director of ICICI Bank. She serves on the boards of ICICI Bank Canada and ICICI Lombard General Insurance Company Limited. She has been recognised as one of the most powerful women in Indian business, appearing on Business Today’s list of the Most Powerful Women in Indian Business, Fortune India’s list of the Most Powerful Women, and Business Today’s Hall of Fame.