Renish Group, a fast-growing company in the oil storage space, has appointed Rakesh Mehra as its new chief executive officer for Southeast Asia and also the group’s director for strategy and planning in the UAE.
Mehra now leads the group’s overall growth and key operations in Southeast Asia, while concurrently spearheading the creation and implementation of its strategic business plans in the emirates, said a statement from Renish Group.
He has built a strong track record in the field of oil and gas and has led multidisciplinary teams and demonstrated effectiveness in managing diverse groups and strategic vision for the management of change and development within businesses.
A motivational leader who has consistently delivered exemplary results, Mehra is known for clearly defining mission and goals; effectively aligning people and resources as needed; and efficiently supervising rapid network expansion, infrastructure development, and strategic planning programs.
Mehra, post his super-annuation from Bharat Petroleum Corporation (BPCL), worked as strategic advisor and consultant for several companies in Mumbai, India.
In his noteworthy six years stint as BPCL’s Head of International Trade, he oversaw the import of nearly 28 million tons of crude oil, import-export of petroleum products, and commodity hedging. His efficient handling of International Trade led to a significant increase in the corporation’s profitability.
Group Managing Director Hitesh Mehta said: "Rakesh’s appointment forms part of the group’s fundamental initiatives aimed at strengthening its relations with its customers and suppliers in Southeast Asia, one of our most important markets, and other parts of the world."
"Aside from being at the forefront of establishing robust ties with our local partners in the region, he is also going to be hands on in formulating Renish Group’s strategic plans," noted Mehta.
"His valuable contributions and capabilities will be instrumental in our bid to further achieve a more sustainable growth and development and deliver quality service to our international clients," he added.
On his new role, Mehara said: "I embrace my new responsibilities in the organisation with more enthusiasm and eagerness and even greater resolve and dedication to the Group’s overall growth agenda in the midst of the ever-evolving industry."
"I look forward to closely collaborating with my team members to better strategize and establish new frameworks that will enable us to capitalize on opportunities and confront new challenges head-on," he added.
Renish Group is a $600-million company with operations spread out globally. It runs offices in Dubai, India, and Singapore.
It is presently adding new storage capacity tank in Hamriyah Free Zone in the UAE to meet the ever-growing demands of its customers.