Ajay Srinivasan resigns from Aditya Birla Group

The move comes after he stepped down as CEO of Aditya Birla Capital in April.

Ajay Srinivasan, former chief executive of Aditya Birla Capital, has resigned from the Aditya Birla Group. The move comes after the group’s financial services arm said in May that Srinivasan had decided to step down as its MD and CEO “to take on a new role within the group”.

“After a long stint with ABC, he was keen to pursue new and different challenges. We, therefore, mutually explored alternate roles within the Aditya Birla Group. However, after due consideration, he has decided to pursue prospects outside the group. We fully respect and support his decision and value his contribution to …


Furquan Moharkan

Furquan leads the banking coverage at The Morning Context. A business journalist with eight years of experience and a best-selling author, in his earlier stints as a reporter with the Deccan Herald and a columnist at The Banker, he wrote on banking, financial markets and regulatory affairs. He has extensively covered India's debt market crisis, banking crisis and the fall of Yes Bank.

Editor, Banking