India, May 3 -- Greg Abel, a respected and experienced executive, has officially been named as Warren Buffett's successor at the helm of Berkshire Hathaway. Born in 1962 in Edmonton, Alberta, Abel has earned a reputation for his steady leadership and deep understanding of the company's vast operations. With decades of experience and a strong track record, he has been a key figure in Berkshire's energy business.

Abel was born into a working-class family and attended the University of Alberta. He studied accounting and graduated with distinction in 1984. He then became a part of the Pwc in Edmonton and served as a chartered accountant. He later shifted to the San Francisco office, where one of his clients was CalEnergy. Abel later joined h...