New Delhi: Neeraj Akhoury has resigned as Managing Director & Chief Executive Officer (MD&CEO) of ACC Ltd with effect from 20 February. However, Akhoury will continue to be on the board of ACC Ltd as a Non-Executive Non-Independent Director.
Akhoury has said that there is no material reason for this resignation other than to pursue other career opportunities.
Sridhar Balakrishnan, Chief Commercial Officer of ACC Ltd, has been appointed as MD& CEO of ACC Ltd with immediate effect, the company said in a statement.
Meanwhile Christof W. Hassig has has also resigned from the directorship of ACC Ltd with immediate effect because of his pre-occupation in LH Group.