London / India, 16 March 2023: Vedanta, a leading natural resources, renewables, power transmission, technology and networking solutions provider, has appointed Omar Davis as President – Strategy. He will work closely with Vedanta Chairman, Anil Agarwal, to lead the group’s strategic initiatives and will be based out of the group’s London office.
Omar is a seasoned natural resources banker with 25 years of experience in the industry. Most recently, prior to his appointment, he worked with Bank of America as the bank’s Global Head of Metals & Mining for Corporate and Investment Banking.
Announcing the appointment, Anil Agarwal, Chairman, Vedanta Group said, “We welcome Omar to our company with responsibility for overseeing strategy for the group. Omar has a strong experience in advising large scale, multi-faceted global companies and we are delighted to have him on board and look forward to making use of his experience across our group. His leadership skills and strategic acumen will be of immense value in driving Vedanta’s growth vision.”
Omar will spearhead key initiatives for the group’s growth opportunities focused on value creation. He will also lead engagement with globally recognized and leading financial partners and drive synergies as Vedanta progresses with its vision to unlock value across its asset base.
Speaking on his appointment, Omar Davis said, “I am pleased and excited to be part of such a dynamic and forward-thinking organization. Vedanta has world class assets and huge potential, both in its home market in India and globally. 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.”
Omar holds an M.A. from Oxford University in Philosophy, Politics and Economics (P.P.E.)
About Vedanta Resources Limited
Vedanta Resources Limited (“Vedanta”), headquartered in London, is a diversified global natural resources company spanning across India, Zambia, Namibia and South Africa. The Vedanta Group has significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, Nickel, Aluminium, Power, Renewable Energy, Display glass and is foraying into Semiconductors business. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programs with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta Ltd. has been listed on the Dow Jones Sustainability World Index 2022, conferred Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2022.
For more information on Vedanta Resources, please visit www.vedantaresources.com.