Boral has announced the formal appointment of Vik Bansal as an executive director to the company’s board, with immediate effect from November 2.
This appointment also formalises Bansal’s position as the company’s new chief executive officer and managing director, which was announced earlier this year.
Bansal succeeds Zlatko Todorcevski, whose departure Boral announced in June this year.
“We are pleased to welcome Vik and look forward to working with him to lead Boral through the next phase of the company’s journey, focused on creating value for all stakeholders,” Boral Chairman, Ryan Stokes AO said.
“We are confident that his operational and performance focused leadership will enable Boral and its people to realise the full and exciting potential of the company.”
Bansal has more than 30 years of leadership experience in managing complex industrial organisations. Prior to this, he was the chief executive of InfraBuild where he delivered improvements across financial and operational metrics in a short period of time.
Bansal also worked at Cleanaway from 2015 and 2021, where he implemented the Footprint 2025 strategy, embedding strong financial and operational discipline.