Nayara Energy announced Prasad K Panicker as the new Chairman of the company. Prasad K Panicker is the Director and Head of the Refinery, and he will be replacing Charles Anthony Fountain who served for five years. The tenure of the new chairman of Nayara Energy will start on 3rd October 2022. Under the guidance of the former Chairman Charles Anthony Fountain, the company reached some of the greatest achievements and he has improved the level of performance and financial performance of the company.
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Nayara Energy is a petrochemical company of an international level with a strong presence across the hydrocarbon value chain from refining to retail. The company was acquired by international investors in 2017, by Rosneft and an investment consortium comprising global commodity trading firm, Trafigura and UCP Investment Group.
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