Nayara Energy Appoints Deepesh Baxi as CFO
Portfolio - People | Mar 28, 2025 | EIN
Nayara Energy has announced that Deepesh Baxi will join the company as its Chief Financial Officer starting March 14, 2025. Baxi brings a rich experience of over 30 years in finance, strategy, and mergers and acquisitions, having worked across diverse sectors such as oil and gas, infrastructure, construction, retail, and manufacturing. As CFO, Baxi will oversee Nayara Energy's financial strategy and operations, which include long-term strategy formulation, transformation, investor relations, treasury, corporate governance, internal audits, compliance, and risk management. Prior to this role, he served as CFO and Wholetime Director at Castrol India Limited and held significant positions at British Petroleum and Andersen. Baxi holds prestigious educational credentials and has been recognized with awards that highlight his leadership in finance.
Sectors
- Energy
- Corporate Finance
Geography
- India – Nayara Energy is based in India, and the newly appointed CFO, Deepesh Baxi, has significant experience working in the region.
Industry
- Energy – Nayara Energy operates within the energy sector, specifically focusing on oil and gas.
- Corporate Finance – The article discusses the appointment of a new Chief Financial Officer, highlighting financial strategy and operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nayara Energy | Employer | Company | An integrated downstream oil company, formerly known as Essar Oil. |
| Deepesh Baxi | Newly Appointed CFO | Person | A seasoned finance professional with significant experience in finance, strategy, and mergers and acquisitions. |
| Castrol India Limited | Former Employer | Company | A leading lubricants company where Deepesh Baxi previously held the position of CFO and Wholetime Director. |
| British Petroleum (bp) | Former Employer | Company | A global energy company where Deepesh Baxi held leadership roles. |
| Andersen | Former Employer | Company | A professional services firm where Deepesh Baxi held roles in finance. |