Why innovation in the mining sector is critical for the energy transition
A demand of 3 billion tons of metals exists for an effective transition to clean energy - innovation in mining will be crucial if we're to reach net zero.
Vivek Salgaocar
Vivek Salgaocar is an experienced operator, innovator, creator, and investor. He is founder of Prospect Innovation, a first-of-its-kind ecosystem supporting start-ups and innovators as they build, pilot and scale frontier technologies to address the biggest challenges facing the natural resource and mining industries in a sustainable and socially responsible way. He is Director at the Vimson Group, a family-owned conglomerate with interests in mineral resources, real estate and financial services. The group is also actively involved in philanthropic initiatives, particularly in healthcare and sports. Within the Minerals Division at the Vimson Group, Salgaocar oversees sales, marketing and trading, along with global business development and expansion. As Co-Head of the Vimson Group Family Office, he spearheaded the efforts to create and institutionalise a multi-asset, multi-strategy investment enterprise with global interests.
Vivek earned his MBA from Columbia Business School, and his BA summa cum laude, from Emory University. He was designated a Young Global Leader by the World Economic Forum in 2020 and served on its Advisory Group. He is also a part of the Young Leaders Circle at the Milken Institute. Vivek is a Board Member, Chair of the Outreach Committee and Member of the Governance Committee of Magic Bus, whose mission to alleviate poverty by taking individuals from childhood to livelihood. The organisation currently has roughly 500,000 participants and successfully secured over 87,000 white-collar job placements in 2022.
He is a Board Member of the Global Family Enterprise Program at Columbia Business School, and a member of the Singapore Chapters of Young Presidents’ Organization (YPO), and Entrepreneurs’ Organization (EO). He serves as the Group’s representative to the Confederation of Indian Industries’ India Business Forum, Singapore Business Federation, and the Singapore Indian Chamber of Commerce & Industry.
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