The Business Bytes
New Delhi, May 20, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, on Monday announced the appointment of its CEO, John Slaven, as Vice-Chairman of the International Aluminium Institute (IAI). In his new role, Slaven will lead global initiatives aimed at driving the sustainable transformation of the aluminium industry and promoting aluminium’s crucial role in the energy transition towards a Zero Carbon future.
Established in 1972, the International Aluminium Institute (IAI) is the sole organization representing the primary aluminium industry globally. The IAI focuses on enhancing awareness of the industry’s operations, advocating for responsible production practices, and highlighting the significant benefits of using aluminium in developing greener technologies. Its membership includes the world’s leading bauxite, alumina, and aluminium companies, and it maintains the most comprehensive global data on the aluminium industry, with over 40 years of analysis on production, consumption, energy use, and environmental impact.
Commenting on his appointment, John Slaven, CEO of Vedanta Aluminium, said, “I am delighted to accept the responsibility of Vice-Chairman of the International Aluminium Institute. Aluminium has already proven itself essential in the global transition to a Net Zero future. I believe the onus lies on us as global leaders of the collective industry to boost awareness of aluminium’s limitless potential and champion its applications in building a greener planet. The IAI has undertaken stellar efforts in this regard, and I look forward to working with my fellow board members and colleagues to reinforce aluminium as the definitive metal of the future.”
Slaven is a respected global leader with over three decades of experience in the metals, mining, and modern manufacturing industries. He has held diverse positions in top companies within these sectors, contributing significantly to their transformative growth. As CEO of Vedanta Aluminium, he oversees all aspects of the company’s growth strategy, prioritizes ESG efforts, and champions the integration of sustainable practices. Under his leadership, Vedanta Aluminium has been recognized as the most sustainable aluminium company in the world, according to the S&P Global Corporate Sustainability Assessment 2023.
Vedanta Aluminium, a business of Vedanta Limited, is India’s largest aluminium producer, manufacturing more than half of the country’s total aluminium output, amounting to 2.37 million tonnes in FY24. The company is a leader in producing value-added aluminium products that are critical for various core industries. With its world-class aluminium smelters, alumina refinery, and power plants in India, Vedanta Aluminium is committed to advancing the use of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
