Gulf Petrochem Names Former Bharat Petroleum Exec as Group's Strategic Advisor

Wednesday March 15, 2017

Gulf Petrochem Group (Gulf Petrochem) today announced that its Board of Directors has appointed Rakesh Mehra, former Executive Director of Bharat Petroleum Corporation Ltd, as the group's Strategic Advisor, effective immediately.

"Rakesh Mehra brings with him a wealth of experience as witnessed by his accomplishments at Bharat Petroleum," said Manan Goel, Group Director at Gulf Petrochem.

"His appointment is a strategic complement to our group, ensuring our global expansion plans and global reputation remain to the highest standards along with looking at ways to continue our development for us to realise our long-term objectives as a group."

Mehra is noted to have 35 years experience in the oil industry, including refinery operations, marketing, inbound and outbound logistics, biofuels, international trading and commodity risk management.

In his new role, Mehra will oversee Gulf Petrochem's strategic expansion plans, working to enhance the group's profitability and global brand.

"I have witnessed the group's exponential growth from afar, and when the opportunity arose to join the group and develop the $2.5 billion business further, it was a challenge that I could not turn down," said Mehra.

"With a truly global presence across its business units consisting of bunkering, trading, refining, shipping and storage, the group is extremely well positioned to cope with the current market dynamics and prosper into the future."

Last month, Gulf Petrochem announced it had strengthened its bunker trading team in Europe with the appointment of Maxime Cramer to the group's Rotterdam office.