Essar Oil (UK) Limited
Deepak Maheshwari has a diverse work experience spanning multiple industries and leadership positions. Deepak is currently the Chief Executive Officer of Essar Oil (UK) Limited. Prior to this, they served as the Chief Financial Officer and Head of Strategy at Adani Ports and SEZ, where they developed a comprehensive 5-year plan and implemented cost-saving measures in response to the COVID-19 pandemic. Before joining Adani Ports, Deepak was the Chief Financial Officer at Essar Energy Limited and Essar Global Fund Limited, where they successfully managed asset divestment, reduced debt, and made strategic investments.
Earlier in their career, Deepak held key positions at Reliance Power Limited and Reliance Infrastructure Limited, where they played a pivotal role in project financing, strategic acquisitions, and managing cash flow. Deepak also gained valuable experience at ANZ Investment Bank, where they led teams working on various transactions across different industries and regions. Deepak started their career at ICICI Securities, where they managed IPOs, rights issues, and debt market syndication.
Overall, Deepak Maheshwari's work experience demonstrates a strong track record of financial leadership, strategic planning, and successful execution of complex transactions.
Deepak Maheshwari holds an Engineer's Degree in Electrical Engineering from Bharatiya Vidya Bhavans Sardar Patel College of Engineering (1986-1990). Deepak also has a Master of Business Administration (M.B.A.) in Finance, General from XLRI Jamshedpur (1991-1993) and a Master of Business Administration (M.B.A.) in Finance, General from London Business School (2000-2002).
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Essar Oil (UK) Limited
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EET Fuels - Performing today transforming for tomorrow! Playing a key role in the decarbonisation of the UK economy, with ambitious plans to build an energy transition cluster in the North West of England. Stanlow is a key strategic national asset, annually producing over 16% of the UK’s road transport fuels, while playing an important part in Britain’s petrochemical industry by providing key feedstocks. The business is a major supplier in the North West and beyond with customers including most of the major retail brands operated by international oil companies and supermarkets, Manchester Airport, leading commercial airlines and the region’s trains and buses. The business covers crude and product trading, refinery operations, HSE implementation, maintenance support and technological services, together with marketing and retail activities. Our commitment to maintaining safe and healthy working conditions and following the best operating practices to protect the environment underpins everything we do. We employ over 900 highly trained and loyal staff, who are at the heart of everything we do. The company has an embedded safety culture, technically challenging work across the different parts of the business and some of the best training available in the energy industry. In FY2017-18, Essar Oil UK reported revenues of $5.4 billion, and a post-tax profit of $161 million. Since acquiring Stanlow in July 2011, Essar has invested over $870 million in the business. The Board has a strategic focus to further improve the financial performance of the company through the continued growth and development of the business in the UK and beyond.