India: The India Cements has appointed Suresh Vasant Patil as its CEO. Krishnagopal Ladsaria has also been appointed as chief financial officer (CFO).
Patil joined the Aditya Birla group as a management trainee in 1988 and has over 35 years of professional experience. His most recent role was as the head of the Ready-Mix Concrete, Key Accounts and Building Product Division at UltraTech Cement. Patil trained as a civil engineer with qualifications from Karnataka University.
Ladsaria is a qualified chartered accountant. He has worked with companies including AF Ferguson, Grasim industries, Hindalco Industries and Century Enka. Recently he held the post of CFO at Century Enka, a subsidiary of Aditya Birla.
UltraTech Cement, part of Aditya Birla Group, took control of The India Cements in late-December 2024 when it completed its acquisition of shares. It now controls around a 55% stake in The India Cements.
