Vikash Jhunjhunwala takes charge as chief business officer at Adani Enterprises

GURGAON: Adani Enterprises, the Ahmedabad-based flagship of Gautam Adani’s sprawling conglomerate, has elevated Vikash Jhunjhunwala to chief business officer, handing him the reins over business strategy, trading operations and commercial expansion across its energy and resources empire.

Jhunjhunwala is no stranger to the group’s coal arteries. He previously served as chief trader for steam coal at Adani Enterprises, where he orchestrated global sourcing strategies, managed pricing dynamics and navigated the turbulent waters of commodity risk management. His tenure saw him master the intricate dance of international coal markets, a skill set now deployed across a broader canvas.

Before rejoining Adani’s fold in his current capacity, Jhunjhunwala spent time at GMR Group as head of coal procurement and trade, where he built long-term supply frameworks and risk architectures for the infrastructure giant. His career trajectory also includes a stint as associate general manager for marketing at Adani Enterprises, followed by roles at VISA Steel and Indian Rayon Industries, where he cut his teeth on MIS systems and executive coordination.

The appointment signals Adani Enterprises’ intent to sharpen its commercial edge as it navigates an increasingly volatile global energy landscape. With coal still fueling much of India’s growth story, and controversy, Jhunjhunwala’s deep experience in the black stuff makes him a logical choice to steer the ship through choppy waters ahead.