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Sulphur removal specialist Genoil appoints VP in India

14 Sep 2017 15:16 GMT

Nari Narayanan will be tasked with developing market opportunities throughout India.



Clean technology engineering company Genoil Inc - developer of sulphur removal technology which converts heavy or sour crude oil into low sulphur fuel oil - has announced the appointment of Mr. Nari Narayanan as Vice President of Genoil's India operation.

Narayanan will be responsible for sourcing and progressing market opportunities throughout India. The country is investing in a wide range of measures to green its energy system and reduce sulphur emissions.

Narayanan has extensive financial experience drawn from a variety of senior roles across investment and corporate banking. He joins Genoil from Kuberon Capital LLC where he was a managing partner. Previously he was a Senior Vice President of Investment Banking at Source Capital Group focusing on the BPO (business process outsourcing) and IT sectors, and cross border mergers and acquisitions.

Among Mr. Narayanan's other roles, he was the Senior Managing Director and portfolio manager at Bear Stearns Asset Management with $150 million in assets under management. He was a Managing Partner at Heckman Global Advisors, Inc and a Senior Vice President of Investment Banking for structured fixed income with Salomon Smith Barney's Global Derivatives Group. He has also held senior positions with Lehman Brother's Global equity and derivative strategies team, and Salomon Brothers.

Narayanan's energy expertise includes leading an initiative to form a Middle East based investment bank for energy, mining and agricultural resources across the globe. Additionally he has worked on financing and securities projects across the UAE and the Gulf region.

Narayanan has a Master of Business Administration (MBA) degree from Columbia University School of Business, a Master of Science (MSC) degree in computer science from the University of Texas, and a Bachelor of Technology degree from the Indian Institute of Technology, Madras, India.

Commenting on the appointment, Bruce Abbott, COO of Genoil, said: "I am delighted to welcome Nari to the Genoil team. His extensive finance and energy expertise will be of huge benefit as Genoil expands further into the Indian sub-continent to bring clean energy to new markets."




Related Links:

Genoil signs research accord, starts testing HSFO in Russia for client
Genoil presents 'compelling economics' for LSFO production unit
Genoil appoints Middle East VP
Genoil and Bomin sign MoU to develop 2020-compliant fuels
Genoil signs $50bn letter of intent to produce 3.5m barrels of desulphurized fuels a day
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