A V Dharmakrishnan is the new Chief Executive Officer of Madras Cements elevated from the position of Executive Director (Finance). The Chennai based cement company announced in the BSE filing that "A V Dharmakrishnan has been designated as Chief Executive Officer of the company with effect from April 1, 2012".Madras Cements is the flagship company of the diversified Ramco Group and it produces 13 million tonnes cement at its five manufacturing plants across Tamil Nadu, Karnataka and Andhra Pradesh.Apart from cement, Ramco Group has presence in areas like real estate, paper, hardware and stainless steel among others.