Deepesh Baxi Takes Helm as CFO at Nayara Energy

Nayara Energy, a leading private fuel retailer in India, has appointed Deepesh Baxi as its CFO. With over 30 years of experience in finance, strategy, and the energy sector, Baxi is expected to drive financial excellence and support strategic growth at Nayara, which operates India's second-largest oil refinery.

Nayara Energy, India's largest private fuel retailer, announced the appointment of Deepesh Baxi as their new Chief Financial Officer.

With more than three decades of experience in finance, strategy, and mergers and acquisitions, Baxi brings a wealth of expertise to his new role. Prior to this, he held leadership positions at Castrol India Limited and global corporations like British Petroleum and Andersen. His diverse background in financial leadership equips him to guide Nayara's financial strategies and operations.

CEO Alessandro des Dorides expressed confidence in Baxi's ability to lead, highlighting his sectoral expertise and strategic acumen essential for driving Nayara's future growth. Baxi's comprehensive skills in treasury, corporate governance, and risk management are expected to further bolster the company's position within the energy industry. Nayara Energy's robust infrastructure, including its Vadinar refinery and recent entry into the petrochemicals market, aims to deliver top-tier performance with Baxi at the financial helm.

(With inputs from agencies.)