The Indian investment banker who played a key role in the development of Cairn Energy's business in the country is leaving the operation to pursue his entreprenurial interests.
Cairn India said Rahul Dhir would step down as managing director and chief executive with effect from August 31.
News of his planned departure comes eight months after Edinburgh-based Cairn Energy completed the sale of a controlling stake in Cairn India to Vedanta Resources for $5.5 billion (£3.5bn).
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