Vedanta appoints Omar Davis as its President-Strategy

Anil Agarwal-led Vedanta on Thursday announced the appointment of Omar Davis as its President-Strategy. Davis will work closely with Vedanta chairman Agarwal to lead the Group's strategic initiatives and will be based out of the group's London office.

A seasoned natural resources banker, Davis has an experience of 25 years in the industry, Vedanta said in a statement.

Most recently, prior to his appointment, he worked with Bank of America as the bank's global head of metals and mining for corporate and investment banking.

"We welcome Omar to our company... His leadership skills and strategic acumen will be of immense value in driving Vedanta's growth vision," Agarwal said.

Davis will lead engagement with globally recognised and leading financial partners and drive synergies as the company progresses with its vision to unlock value across its asset base.

"I am excited to work with the talented team to develop and execute strategies that will drive growth and create value for all our stakeholders," Davis said.

Vedanta Group has significant operations in oil and gas, zinc, lead, silver, copper and iron ore among others and is foraying into the semiconductors business.

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