Board of Directors
ASHOK GOEL Chairman
Ashok Goel, the founder of OXY, started the business of trading with his younger brother in petrochemicals products in Delhi and Gujarat in 1993. As a result of his successful ventures in various manufacturing and marketing initiatives in India, he then established OXY in the UAE in 1998.
The Chairman of the Group, Ashok, a self-made man with sharp business intelligence is the brain of OXY. He is the technical backbone of the company and the mastermind behind most new projects of the company.
SUDHIR GOYEL Managing Director
Sudhir Goyel one of the main men behind OXY, started the business of trading with his elder brother in petrochemicals products in Delhi and Gujarat in 1993. After having established the business activities in India, they expanded the business activities in Sharjah, United Arab Emirates by the name and style of Gulf Petrochem FZC.
Sudhir has been associated with OXY, since its inception, currently holding the position of Managing Director (MD) of the Group. He has guided the team for the best uses of Financial and Managerial resources to take company to the next level of efficiency and profitability.
With his extensive background and experience, he has been a great influence in matters related to Financials and Funding, Strategic Planning and International Business Relations for the better growth of the organization. With over 25 years of experience in marketing oils and chemicals in India, he also oversees the company’s business in the Indian subcontinent
In June 2013, Sudhir was awarded the Business Personality of the Year from Horwath Mak, Group of Auditors & Business Advisors in recognition for his achievements in the overall growth in the industry and his leadership skills that has enabled Gulf Petrochem Group to be a pioneer in their industry.
Sudhir was also a named as one of the Top 100 Indian Leaders in the Arab World by Forbes Middle East in May 2014, acknowledging his contribution towards the region’s energy industry.
PRERIT GOEL Group Director
A young achiever and a man of many talents, Prerit Goel, OXY’s Group Director, leads many new business initiatives in the company. He was instrumental in setting up the Singapore Trading company of OXY and was actively involved in the storage terminal project in Fujairah, United Arab Emirates. Associated with OXY for 5 years now, Prerit holds a vital role in senior recruitments in the company and takes care of the corporate funding for the group.
An MBA on Family Managed Business Program from SP Jain Institute of Management & Research, Mumbai and an Engineer from Birla Institute of Technology & Science (BITS), Pilani, Dubai.
Prerit’s exceptional achievements and contributions to the Group was recognized by Alleem Project Management Excellence and named him the Best of the 2014 in Project Management Awards. He was also awarded the Young Achiever Award 2013 by BITS Pilani Alumni Association Middle East.
MANAN GOEL Group Director
A young and dynamic go-getter, Manan Goel, OXY’s Group Director, heads the Refinery and Marketing division of the company. Associated with the Group for 5 years now, Manan has been instrumental in setting-up the Bitumen Processing and WFE Plant. He is also taking the leadership of the terminal expansion plant in India.
Manan earned a bachelor’s degree from Greenwich University, UK and a master’s degree in business administration from Cardiff University, UK.
THANGAPANDIAN SRINIVASALU Executive Director
Mr. S. Thangapandian, OXY’s Executive Director is an oil and gas professional with over 30 years of experience in sales, marketing and trading of petroleum products in India and Nigeria with PSU, MNCs and Private sector companies in India.
Before joining the Group, he was working at Essar Oil Limited as CEO – Marketing & IST. He established PetroFina in India and was part of the Team that launched Gulf oil in India post opening up of the market. As Head of Marketing & IST in Essar Oil, a fully integrated oil company, his responsibilities included, ‘Retail sales’, ‘Direct sales’, Retail Network Expansion, Sourcing Crude, Trading of Petroleum Products, Supply & Distribution for the company in India and Kenya.
He has been associated with Recruitment and training of the Teams for the last 20 years. Established Essar Oil Ltd as a ‘player’ in FO, Bitumen, Petcoke and Sulfur in the Indian market successfully. He had placed Essar Oil as the largest active Private Retail Network in India. In addition to this, he has also worked with Nolchem Nigeria, Reliance Industries Ltd., TotalFinaELF, Petrofina, Gulf Oil India, and HPCL.
BRIJ MOHAN BANSAL Strategic Advisor
Mr. B.M. Bansal comes with 36 years of extensive work experience in the Oil & Gas sector in areas spanning business development, R&D, refining and technical services. He joined OXY as the Strategic Advisor and a Member of Board.
Prior to joining OXY, Mr. Bansal was working in Kenya Petroleum Refineries Limited as the CEO. He has also worked with Mauritian Consultancy Company M/S DCDM as Advisor for Business Development Activities in Africa. During his tenure in Indian Oil Corporation Limited he has served as Chairman and Director Planning and Business Development, Research and Development.
He has an all-round experience across complete hydrocarbon value chain starting from upstream to downstream, petrochemicals, gas and globalization. Due to his Director (P&BD) stint, he has developed expertise of identifying & implementing new businesses to maintain growth profile for a mega organization such as Indian Oil, cross border business deals, mergers & acquisitions, scouting suitable overseas as well as indigenous strategic partners and formation of JVs, leading high level Government delegation for G-to-G discussions, has strong techno-financial acumen, corporate law understanding etc.
His academic background consists of B. Tech. in Chemical Engineering and D.I.I.T in Process Plant Engineering from the prestigious Indian Institute of Technology, Delhi. Awarded IIT Delhi Alumni Award for outstanding contribution to National Development (2008 – 2009). He is a Lifetime Member of ASME, Chairman of National Advisory Board for Plastindia 2012 and IMD Certified Project Director Level “A” by International Projects Management Associations.
AYUSH GOEL Director
A recent appointment to the board of directors at OXY, Ayush Goel oversees the marketing and financial functions of the group in India. Along with this, Ayush is intricately involved with the group's ‘Diversification Strategy Team' which is an executive function that is charged with managing the group's acquisitions in India as well as developing the strategy to diversify the group's portfolio into Real Estate, Steel and Education.
After earning a bachelor's degree in B com (hons.) from Delhi University, Ayush went on to achieve an MBA on Family Managed Business Program from SP Jain Institute of Management and Research, Mumbai.
Ayush has been instrumental in attracting and retaining the group's top industry talent with the introduction of a robust performance management system. Ayush has also played an important role in helping the group achieve such tremendous growth over recent years with the implementation of budgetary controls to ensure financial efficiencies, improving both the top and bottom line of the group's financials.