Question : Which company on August 02 announced the appointment of Deepak Maheshwari as its new chief executive officer ?
a. Essar Oil UK
b. TCS
c. Thermax Ltd
d. Wipro UK
Ans. a.
Related facts —
- Essar Oil Uk on August 02 announced the appointment of Deepak Maheshwari as its new chief executive officer.
- It is notable that Essar Oil UK is a UK-focused downstream energy company whose main asset is the Stanlow Manufacturing Complex.
- Maheshwari will closely oversee along with the company’s board a number of energy transition projects aimed at making the Stanlow factory into a green refinery.
- The Stanlow factory is a strategic national facility, annually producing over 16% of the UK’s road transport fuels.
- Since acquiring Stanlow in 2011, Essar has invested $1 billion in margin improvement and other efficiency initiatives to ensure the refinery’s competitiveness.
- Essar Group is an Indian multinational conglomerate and construction company, founded by Shashi Ruia and Ravi Ruia, in 1969.