Corporate Update: Leadership Changes at Chambal Fertilisers

Chambal Fertilisers and Chemicals Limited has made significant announcements regarding its senior management following its Board meeting on November 6, 2024. The company has appointed Mr. Vijay Sachdeva as Head - Internal Audit & Risk Management, effective from February 1, 2025. Additionally, Mr. Ajay Tayal will take on the role of Head - Manufacturing from December 1, 2024.

In a separate development, Mr. Upendra R. Singh, Vice President – Works, has resigned from the company to explore new opportunities, with his last working day set for November 30, 2024. This marks a key change in the leadership team at Chambal Fertilisers.

Profile of Key Appointees:

1. Mr. Vijay Sachdeva – Head of Internal Audit & Risk Management

• Age: 46 years
• Qualifications: B.Com, Chartered Accountant, Certified Information Systems Auditor (CISA), LLB
• Experience: Over 22 years in the field of risk management and internal audit. Prior to joining Chambal, Mr. Sachdeva served as the Group Head of Risk and Internal Audit at Indorama Corporation. He has also worked with Haribhakti & Co. and brings extensive expertise in corporate governance, risk management initiatives, and enhancing business processes.

2. Mr. Ajay Tayal – Head of Manufacturing

• Age: 58 years
• Qualifications: B.E (Hons.) in Mechanical Engineering (1987)
• Experience: With over 37 years in the fertiliser industry, Mr. Tayal has extensive experience in large fertiliser companies. He has been with Chambal Fertilisers since 1993 and has held critical roles in production management, including Assistant Vice President (Production) at the company’s Gadepan (Rajasthan) complex. His elevation to Head of Manufacturing marks a significant step in his long-standing career with Chambal.

Resignation of Mr. Upendra R. Singh

As part of the restructuring, Mr. Upendra R. Singh, the current Vice President – Works, has tendered his resignation to pursue new opportunities. His last working day will be November 30, 2024. Mr. Singh expressed his gratitude for the support provided during his tenure and acknowledged the cooperation extended by the company’s management.

Conclusion

These leadership changes at Chambal Fertilisers reflect the company’s ongoing focus on enhancing its management structure to strengthen its corporate governance and risk management frameworks. With the appointment of Mr. Vijay Sachdeva and the promotion of Mr. Ajay Tayal, the company aims to build a robust internal audit function and optimize its manufacturing operations. The resignation of Mr. Upendra R. Singh marks the end of an era for the company, and his departure will be felt as a significant shift in the leadership team.

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