Boral Limited announced the appointment of Vik Bansal as Boral's Chief Executive Officer effective on or before 5 December 2022. Mr. Bansal has more than 30 years of leadership experience in managing complex industrial organizations through significant growth, transition, and improvement. Between 2015 and 2021 he transformed Cleanaway, implementing the Footprint 2025 strategy, embedding strong financial and operational discipline, improving safety, and prioritising customer service while developing a network of prized infrastructure.

Mr. Bansal is currently the CEO of InfraBuild where he has continued to deliver improvements across financial and operational metrics, demonstrating his ability to impact performance in a relatively short period of time. Boral Chairman Ryan Stokes said the Board is excited by the opportunity to work with Mr. Bansal and has confidence in his ability to lead Boral. Mr. Bansal is a Fellow of both the Institute of Engineers Australia and the Australian Institute of Company Directors.

He is an Electrical Engineer, has an MBA and has completed the Advanced Management Program from INSEAD. He has also completed a Master of Laws in Enterprise Governance. Zlatko Todorcevski will remain in the CEO role until transition to Mr. Bansal is completed.