Sridhar Balakrishnan is the Managing Director and Chief Executive Officer of ACC Limited.
Balakrishnan has spent the majority of his career in the FMCG industry in different roles handling sales, business finance, and supply chain for India to managing P&L across international geographies.
Sridhar was President and Head, Distribution at Star India, and Chief Operating Officer, South Asia, Middle East, and Africa at Marico. Sridhar Balakrishnan joined Holcim Group in 2018. Sridhar served as Chief Commercial Officer at Holcim Group.
Education
Sridhar is an engineering graduate with a B. Tech (Electronics) degree from the Institute of Technology (Banaras Hindu University), Varanasi, and has a Post Graduate Diploma in Business Management from XLRI, Jamshedpur.
Career
ACC Limited has appointed Sridhar Balakrishnan as its chief commercial officer with effect from July 2018. Sridhar joins ACC from Star India, where he was the president and head – of distribution, accountable for driving and maximizing the subscription revenue business.
The Chief Executive Officer and Managing Director oversee the day-to-day working and operations of the Company. He is assisted by the Executive Committee (ExCo) which includes the functional heads of Finance, Human Resources, Procurement, Commercial, Marketing, and New Products & Services, ACC Concrete & B2B Business, Manufacturing, and Supply Chain. The ExCo is responsible and accountable for overall business deliverables.
Sridhar has spent the majority of his 24-year career in the FMCG industry, spending over two decades at Marico Limited in different roles – from handling sales, business finance, and supply chain for India to managing P&L across international geographies of the rest of South Asia, Middle East & Africa. His last assignment at Marico was that of chief operating officer – Middle East, Africa, and new country development.
Commenting on the appointment of B Sridhar, Neeraj Akhoury, MD & CEO, ACC Limited, said, “I am delighted to welcome B Sridhar to ACC. He brings with him rich experience in the consumer business that will benefit ACC as we transform from a traditional cement manufacturing business to a total building materials company with innovative technology-based products and solutions. Sridhar’s extensive leadership experience and expertise across markets makes him a strong asset to the future growth strategy of ACC. We look forward to working closely together to take ACC to even greater heights.”
As the chief commercial officer of ACC, Sridhar will lead commercial strategy and execution, ensuring an optimum and profitable product portfolio, and building the right sales organisation to deliver business goals. He will also serve as a member of ACC’s executive committee.
He has a diverse experience of working across the construction products industry , media and FMCG at the leadership level . During the course of my career, he had the opportunity to lead multiple functions in India & handle independent P&L responsibilities in India & international geographies.
He is currently the MD& CEO at ACC limited. In his previous assignment as Chief Commercial Officer at ACC, he was a member of the Executive committee responsible for driving revenue growth and profitability for the organization.
In STAR, his assignment involved driving and maximizing the subscription revenue for the India business and building a future-ready organization for distribution.
During his stint at Marico, he had a diverse experience of managing the P&L of business units across international geographies and leading Sales, Business Finance & Supply chains for the Indian business.
He has led business units in South Asia, Middle East & Africa. his role has given him the opportunity to drive innovation lead growth, turn around unprofitable units and build new engines of growth across multiple geographies.
In his assignments in the India business, he has led large multifunctional teams spanning Sales, Business Finance & Supply Chain. He has been responsible for developing and deploying the strategic road map for these functions. He was a member of the senior management team for the India Consumer Product Business.
