B. Anand

Nayara Energy Ltd.

Chief Executive Officer

B. Anand is the Chief Executive Officer of Nayara Energy Limited, where he has spearheaded the transition to its new avatar as Nayara Energy since new shareholders took over the company in 2017. With over 30 years of experience across strategy, corporate finance, investment banking, and commodity training, Mr. Anand has successfully designed and carried out the transformation, aimed at improving financial and operational efficiency of the company. With his leadership, Nayara Energy has cemented its position as the fastest-growing private fuel retail network in the country and is well on-track with its proposed expansion into petrochemicals. Before leading Nayara Energy, Mr. Anand was the Chief Financial Officer of Trafigura India. Previously he has served in various leadership positions with Vedanta Plc., HSBC, Citibank, Motorola India, Credit Lyonnais Bank, and Future Group. He is an Independent Non-Executive Chairman of Just Dial. Holding a Bachelor of Commerce degree from Nagpur University, Mr. Anand is an Associate Member of the Institute of Chartered Accountants of India. 

SESSIONS WITH B. Anand

Wednesday, October 28

  • 05:25pm - 06:00pm

    Executive Conference

    Future of Refining & Petrochemicals in a World of Surplus

    Energy transition is shifting demand from traditional products of refining, including gasoline, diesel, and jet fuel. At the same time, the trend is exacerbated by a COVID-19–related drop in fuel demand from the transport sector. Petrochemicals feedstocks, often regarded as by- products of refining activity and priced as such, are likely to take a greater percentage of the barrel. Traditionally, naphtha has sold at little higher than crude oil but this will change as chemicals move from 25%–30% of oil demand growth to 70%–100% of growth when fuel demand reaches a plateau.

    As part of this trend, refinery/petrochemical integration is deepening globally, and the interest of energy companies in chemicals in growing. Strategies are changing and major investments are underway—on a new scale and involving new technologies.

    How will this play out in India
    Which companies will be involved?
    What new regional alliances will be forged?