Cairn India boss dramatically resigns

Submitted by Paddy Harris on Fri, 2014-05-02 17:37

02nd May 2014

Cairn India’s interim chief executive, P Elango, has quit, citing “personal reasons”, the second time in two years that Cairn India has had sudden changes of leadership.

Sudhir Mathur, CFO, has taken over the additional responsibility of leading the organisation in the interim.

The company announced today that P Elango, interim CEO and director, has decided to step down for personal reasons.

Sudhir Mathur, CFO, has taken over the additional responsibility of leading the organisation in the interim.

The statement stressed that “Cairn India remains focused on realizing the full potential from the Rajasthan block. Our immediate and medium-term priorities therefore are efficient execution of the key projects in hand”.