'It's not too late to turn corruption around', says Srinivasan Venkatakrishnan
As a figure who worked hard behind the scenes to raise business's voice against corruption in government, Srinivasan Venkatakrishnan, the former CEO of AngloGold Ashanti, feels the fight against the scourge has started a "bit late" but that it could be corrected. In an interview just days ahead of his August 31 start as CEO of Vedanta Resources, the diversified Indian mining and energy company, Venkatakrishnan said the lessons he'd learnt at the helm of the world's third-largest gold company were invaluable and positioned him to take up the new job. But while he steered AngloGold through one of its toughest times, and despite failing to convince shareholders to back a plan to separate the company's international assets from the local ones, creating two separately listed entities, it was the broader role he played outside the company where he made his mark and his strong brand of ethics and values was felt. He was involved in the Minerals Council SA, then called the Chamber of Mines,...
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