Aditya Birla Capital appoints Vishakha Mulye as the new Chief Executive Officer, effective from June 1, 2022.
Vishakha is replacing Ajay Srinivasan who will now take up another role within the Aditya Birla Group. The company is yet to disclose his exact role.
The company said in a statement, “This appointment comes in the wake of Ajay Srivinasan’s plans to move out of the current role and he shall be taking up another role within the Aditya Birla Group,”
Vishakha Mulye has been appointed as the next Chief Executive Officer of Aditya Birla Capital. The company said in its stock filing that the board of directors approved the appointment based on the recommendations of the Nomination, Remuneration and Compensation Committee.
The company in its stock exchange filing said, “Mulye will be joining the Company on 1st June 2022 and will operate as the Chief Executive Officer (Designate) with an overlap of one month with Ajay Srinivasan to ensure the smooth transition of leadership. She will take charge of her role as the CEO of Aditya Birla Capital Limited post this period of overlap.”
Currently, Vishakha is an executive director at ICICI Bank, in charge of domestic and international wholesale banking, proprietary trading, markets, and transaction banking.
Mulye has handled several responsibilities in the areas of strategy, treasury & markets, proprietary equity investing and management of long-term equity investments, structured finance, management of special assets, and corporate & project finance. She is a Chartered Accountant and has been with the ICICI Group since 1993.
She has been featured in several power lists such as the ’Most Powerful Women’ in Indian Business’ by Business Today and ‘Most Powerful Women’ by Fortune India. She was also inducted into Business Today’s ’Hall of Fame’ after being featured seven times in a row in its power list.