- Bimlendra Jha the current CEO of Ambuja Cements to step down from his post from 21st Feb 2020.
Previously known as Gujarat Ambuja Cement Limited – Ambuja Cements our leading cement producing company is now doing a little bit of restructuring this year.
Bimlendra Jha’s current CEO will be stepping down from his post and Neeraj Akhoury will be the new CEO of Ambuja Cements.
Bimlendra Jha started his less than a year stint at Ambuja Cements are MD & CEO of the company on 1st March 2019. He took over Ajay Kapur – the man has been associated with Ambuja Cements for more than 26 years.
Throwing Some Light On Bimlendra Jha:
Bimlendra Jha – our ceramic engineer from IIT Varanasi and PGD in business management, marketing & finance from XLRI Jamshedpur.
Before joining Ambuja Cements, Bimlendra Jha was closely linked with Tata Steel Limited. For not less than 3 decades. Throughout his journey with Tata Steels, he played a number of roles including CEO of Tata Steel UK, executive director on board of Tata Steels Europe taking care of UK, Sweden and Canada’s operations.
Neeraj Akhoury – The Assumed CEO of Ambuja Cements:
On 20th Feb, Neeraj Akhoury will be the new CEO of Ambuja Cements. With more than 25 years of experience in the steel and cement industries, it’s a win-win situation for both parties.
Neeraj Akhoury has worked in leadership roles in India and other markets. His career started with Tata Steel in 1993 and joined Lafarge Holcim Group in 1999.
An economist and an MBA from the University of Liverpool, he’s a man carrying experience, integrity and leadership qualities.
With Neeraj Akhoury leading from the front, Ambuja Cements is preparing to have sound, relaxing and upwards journey.
Summing Up:
NS Sekhsaria, chairman of the board, Ambuja Cements commented, “We wish to respect Bimlendra’s personal decision and thank him for his valuable contribution to the company and wish him all the best for the future.”
It was Bimlendra’s personal choice to step down from the CEO’s position of Ambuja Cements and we are yet to see his next move in a corporate career.
Shares of Ambuja Cements were the last trading in BSE at ₹205.07 as compared to the previous close of ₹ 205.95. The stock hit an intraday high of ₹ 210.2 intraday low of ₹ 204.55. The net turnover during the day amounted to ₹ 22896912.
On behalf of Next Big Brand, we wish all the best to Bimelndra for his upwards journey in his career. And hope to see Neeraj Akhoury leading Ambuja Cements and take the company to sky-high limits.
