Nayara Energy, Downstream Energy Company Names Alessandro Des Dorides As CEO
Alessandro Des Dorides shall take over from Alois Virag whose term ends on 31 March 2024. Alessandro is a seasoned oil and gas professional with over 24 years of experience in the energy industry. He possesses a deep understanding of the global energy markets, strategic planning and risk management. Alessandro brings with him a wealth of experience and global exposure which will help Nayara Energy to continue its growth trajectory in the refining, retail, petrochemical and new sustainable energy businesses. Alessandro graduated in Economics from Sapienza University of Rome and holds an MBA from SDA Bocconi.
Also, Alois’ leadership has been invaluable in shaping the Company's journey and success. His commitment and vision have been instrumental in driving Nayara Energy towards sustainable growth and operational excellence.
Prasad Panicker, Chairman, Nayara Energy said, “Alessandro’s rich and diverse experience in the energy industry will guide Nayara Energy in its next phase of growth. We are confident with Alessandro at the helm, Nayara Energy will continue to thrive and exceed expectations. I would also like to thank Dr. Alois for leading the company and laying a very strong foundation to translate our vision to strengthen India’s energy security.”
As a major downstream player, delivering about 8 per cent of India's refining output, Nayara Energy fuels the country's dreams and aspirations, contributing significantly towards India's energy security. ‘Nayara is in India and for India' highly driven and committed to fueling the nation's growing demand for energy.
