Essar Energy appoints Sushil Maroo as CEO

By admin August 29, 2013 10:00 am IST

Essar Energy announced the appointment of Sushil Maroo as Chief Executive Officer and a director of Essar Energy following the decision by Naresh Nayyar, the current Chief Executive Officer, to step down. Mr Nayyar will, however, be appointed as a member of the Essar Corporate Centre, an oversight advisory committee. Both appointments are effective from September 16, 2013.Mr Maroo has most recently served as Deputy Managing Director and a board director of Jindal Steel and Power Limited and has also served as a Deputy Managing Director of Jindal Power Limited since 2008.  Mr Maroo has 30 years business experience covering strategy, business operations, mergers and acquisitions, and project and corporate finance. He joined Jindal Steel and Power Limited in 2001 and played a critical role in the group’s financial planning and strategic growth. Prior to the Jindal Group, Mr Maroo worked with other large corporate institutions such as Hindustan Lever, Voltas Limited (Tata Group), Nippon Dendro Ispat Limited (Mittal Group) and Chambal Fertilizers & Chemicals Limited (Birla Group). Mr Maroo is a chartered accountant and has a Bachelor of Commerce degree from the University of Rajasthan.

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