Vedanta Cairn Oil & Gas CEO Ajay Kumar Dixit Retires on May 31

May 2020
Vedanta Cairn Oil & Gas CEO Ajay Kumar Dixit Retires on May 31

Cairn Oil & Gas, Vedanta Ltd. CEO Ajay Kumar Dixit is superannuating from the company at the end of his five-year term this month.

Thanking Ajay for his contribution, Sunil Duggal, Group CEO, Vedanta Ltd. said, “Ajay has been leading the oil & gas business and digital transformation, driving production to serve the energy needs of the nation, including through recent oil price volatility and the COVID-19 pandemic. The management wishes him the very best.”

Cairn’s Management Committee will continue to drive the oil & gas business under the overall leadership of Sunil Duggal.

Besides his contributions in the oil & gas business, Ajay had earlier served and contributed significantly to growing Vedanta’s power, alumina & bauxite, and aluminium businesses.

“I am grateful to have had the opportunity to lead several key businesses at Vedanta from 2015 till now, most recently oil & gas. It has been a privilege to work with some of the finest teams, delivering to Vedanta’s vision of making India self-sufficient in the natural resources sector, said Ajay.

Cairn Oil & Gas, Vedanta Ltd., is the largest private oil & gas exploration and production company in India, accounting for more than a quarter of India’s domestic crude oil production. It has interests in 58 blocks in the country, including the 41 blocks under the Open Acreage Licensing Policy (OALP) Round I auction, five blocks each under Round II and Round III, and two awarded under the Discovered Small Fields (DSF) Round-II.