Leadership Shake-up at Ambuja Cements: Kapur Steps Aside, Finance Veteran Takes Helm
In a strategic leadership move, Narotam Kapur has been appointed to a key executive role, bringing with him an impressive three-decade track record in critical industrial sectors including cement, construction, power, and heavy metals. Kapur will serve a two-year term, leveraging his extensive industry expertise.
Joining him is Rajeev Bahety, who has been tapped as the new CEO for a three-year tenure. Bahety arrives with a strong financial background, having previously served as the finance chief for Ambuja and ACC, two prominent subsidiaries within billionaire Gautam Adani's expansive business conglomerate. His appointment in September 2022 as a financial leader has positioned him well for this new executive opportunity.
The selection of both Kapur and Bahety signals a deliberate approach to leadership renewal, combining deep sector knowledge with strategic financial acumen to drive future growth and innovation.