Sterlite Technologies Limited announced that Dr. Anand Agarwal will be stepping down as Director of the Company with effect from 2nd December 2021, to pursue his personal interests. The board has accepted his resignation and appointed Mr. Ankit Agarwal as the Managing Director of the company with immediate effect. Anand, who has been with the company for 26 years, will advise and support the company during this transition. The company will be run by a Management committee comprising the MD, CFO, CHRO and CCO who will enable key decisions collectively under the guidance of the Board and the Chairman. Ankit is a whole-time director and has been with the company since 2010 most recently as Chief Executive of the Optical business. He has actively driven key global customer wins, strategic acquisitions, global talent addition, capacity expansion, and multifold revenue and order book growth.