Cairn India: Interim CEO steps down

Cairn India Ltd. announces that P Elango, Interim CEO & Whole time Director has decided to step down for personal reasons. The Board has accepted his resignation.

 

Sudhir Mathur, CFO, has taken over the additional responsibility of leading the organization in the interim.

Tom Albanese, CEO Vedanta Resources plc and Mike Yeager, Chairman, Operations Review Board, Cairn India, will continue to work closely with the leadership team in managing the business under the guidance of the Board.

The Board expressed its appreciation for Elango’s “significant contribution during his nearly 18 years’ association with the company. Under Elango’s leadership, Cairn delivered
200,000 boepd from the Rajasthan block and achieved record levels of financial revenue & profitability. “

Cairn India remains focused on realizing the full potential from the Rajasthan block. The company said its immediate and medium-term priority is efficient execution of the key projects in hand.

Navin Agarwal, Chairman, Cairn India Ltd., said: “Elango has had a successful stint at Cairn. He leaves Cairn India in the hands of a strong technical and business organization.
Cairn India has a terrific future and I am confident that Sudhir Mathur and the team will steer the organization to realize its true potential.”

 

Press Release, June 02, 2014

 

 

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GeoConvention 2019

GeoConvention offers some of the best local and international insights to efficient energy exploration…

read more >

16th MOSCOW INTERNATIONAL OIL AND GAS EXHIBITION

The Moscow International Oil & Gas Exhibition display products like oil and gas products, oil and gas services…

read more >

Erbil International Oil & Gas Exhibition 2019

The event will be held at the Erbil International Fair Ground which is one of the largest energy related events in Iraq…

read more >

THE 24 th IRAN INTERNATIONAL OIL , GAS , REFINING & PETROCHEMICAL EXHIBITION

The second largest OPEC producer, Iran sits atop 11 percent of oil and 18 percent of gas…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply