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Harish Badami appointed as CEO of ACC

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World Cement,

The Board of Directors of ACC Ltd has appointed Harish Badami as CEO and Managing Director Designate of the company, effective from 1 August 2014. Badami will replace Kuldip Kaura, whose term of office as CEO and MD of the company was extended until 31 December 31 2014. Kaura will resign as CEO and MD of the company with effect from 13 August 2014 and Badami will assume responsibility as CEO and MD from that date for a period of five years.

Badami has over 25 years experience in the chemical industry with leading multinational companies ICI, Rohm & Haas/Dow Chemicals and Celanese India. He was President and MD of Dow Chemicals from 2009 to 2011 and until recently the MD of Celanese India.

Mr N S Sekhsaria, Chairman of the Board said: “We are indeed very pleased to have Harish Badami on board and I am sure with his background and rich experience he will lead ACC in the new phase of growth. I would like to thank Kuldip who steered ACC admirably through the last few years when we were going through a low growth phase in the economy. His “Institutionalising Excellence” programme energised the organisation with its focuson cost competitiveness, logistics and customer excellence. All these learnings and improvements in the past few years will continue to give sustainable advantage to ACC.”

Kaura also commented: “I must thank the ACC Board for making me reboot and giving me the opportunity to lead ACC. It has been a rewarding four years and we were able to focus on operational excellence and building organisational health in terms of leadership pipeline, capability development and bring in a new sense of innovation, pride and vitality in the organisation. With the Jamul expansion coming onstream next year, ACC is now well poised to serve the Indian market, which is on the threshold of rapid growth. I thank the ACC Parivar and the company’s leadership team for giving me their unstinted support and trust.”

Adapted from press release by Rosalie Starling

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