Dr Alois Virag is responsible for driving the growth strategy and operations of Nayara Energy Limited in India. He brings more than 30 years of downstream in ...
Dr Alois Virag is responsible for driving the growth strategy and operations of Nayara Energy Limited in India. He brings more than 30 years of downstream industry experience in refining, petrochemicals, fuel marketing and retail. Alois has an enviable track record of leading businesses across emerging as well as developed markets with expertise in numerous and complex capital projects, turnarounds and digitization.
Prior to Nayara Energy, Alois was the Senior Vice President – Downstream, for Middle East and Asia at OMV, an Austrian Multinational integrated oil and gas company head-quartered in Vienna.
In the recent past, Alois has also served as a Board member of FuelsEurope, a division of the European Refining Industry Association, which was created from the merger of CONCAWE and EUROPIA. He was on the Board of both of these organizations before the merger. Alois holds an Executive MBA from Harvard Business School and a Doctorate from Vienna Institute of Technology where he also obtained his Graduate Engineering degree (Technical Chemistry). He did post-doctoral research at St. Louis, Washington University.
B.Sc (Engg.) from Government Engineering College, Thrissur and MBA from School of Management Studies, Cochin University
Mr Panicker has over 38 years of technical cum managerial experience. Before joining Nayara Energy, he was the Executive Director of BPCL’s Kochi refinery. He brings with him his capabilities to handle complex and challenging assignments along with an enriching mix of techno-commercial exposure – driving business results, achieving excellence in refining production, creating integrated synergies with various marketing business units, shaping processes and driving organizational excellence.
Anup joined Nayara Energy in its transition phase and has since been instrumental in managing organisation-wide controls, risks and planning frameworks. He also leads corporate social responsibility initiatives, which form a prominent part of the company’s sustainability journey. He has over 28 years of experience in managing various aspects of strategy, operations, turnarounds, fundraising, governance and stakeholders across sectors.
He is credited with fundraising to the excess of over USD 25bn in form of debt, equity, mezzanine funding, structured finance, among others. He has led over two dozen transactions involving mergers, acquisitions, divestment and joint ventures, and has successfully turned around multi-billion USD non-performing (loss-making) businesses to profitability. He is also experienced in implementing enterprise-wide large automation and digital frameworks and has managed multiple complex litigations and arbitration covering regulatory, statutory and cross-border legal disputes.
Previously, he was the Group CFO and General Counsel at Snapdeal. Prior to that, he held senior positions with InterGlobe Enterprises, COLT Technology Services, and Bharti Airtel.
Anup has earned a degree in Mechanical Engineering from NIT, Surat and an MBA from DBIM, Surat.
Andrey looks after the International Supply & Trading and Economics, Planning & Scheduling function at Nayara Energy. He brings with him over 19 years of rich experience in crude oil and products trading, finance and credit management. Andrey also has significant experience in Joint Ventures, trading business development, refinery supplies and asset management.
Before joining Nayara Energy, Andrey was the Managing Director for Rosneft Singapore. He has held various positions in the Crude and Oil Products Trading divisions of Rosneft Oil Company and Yukos Oil Company and has worked across geographies, including Russia, China, Germany and Singapore.
Andrey holds a Bachelor degree from Moscow State University of International Relations, and executive MBA from Saint-Petersburg State University. He is a PhD in Economics from MGIMO, and is a recipient of the prestigious Medal of the Order of Merit for the Fatherland.
Sergey is responsible for refinery investment and asset development, including petrochemicals and projects. He comes with over 20 years of experience in upstream and downstream and has a rich exposure in the areas of project management, refining commercial, and JV management.
Prior to his role at Nayara Energy, Sergey has worked across geographies, including Russia, USA, and Europe. He was associated with BP, TNK BP and Sidanco in Russia, Ukraine, Netherlands, UK, and Germany.
Sergey has a degree in Mechanical Engineering and has undergone an extensive training programs on Reservoir Development and Hydrocarbon Processing.
Madhur Taneja heads the Marketing Organisation spanning Retail Business, Supplies & Distribution, Institutional Business and Marketing support functions at Nayara Energy.
Madhur has a proven track record of business scale up for challenger brands, achieving business turnarounds in highly competitive environments, formulating focused strategies, and leading seamless integration of Strategy and Execution. His expertise further extends to areas of Strategic Planning, Merger & Acquisitions, Fund Raising, Business Transformation and P&L Management.
Madhur led the Retail Business for Nayara Energy as CEO, Retail before his appointment as CMO, Nayara Energy. He brings over 30-years’ experience from FMCG, Telecom and Retail sectors, across geographies including USA, India, Africa. Before Nayara Energy, Madhur worked with organisations such as PepsiCo, Bharti Airtel, Essar Telecom, Voltas.
Madhur has a Master of Business Administration Degree from Pune University.
Mr. Bhosale leads the human resource management function at Nayara Energy and is responsible for implementing best-in-class performance management systems. He comes with over three decades of experience in building high-performing teams and cultures.
Prior to this, he was VP- HR at Saint Gobain, VP HR (Speciality Sector) at RPG Enterprises and Director HR (Asia) at Scottish and Newcastle. Mr. Bhosale has overseen the implementation of union negotiations, organizational transformations, establishment of employer brands and digital transformations.
Mr. Bhosale has a degree in MA MMS Human Resources from the University of Mumbai.