Sergey Denisov has been appointed as the new Chief Executive Officer of Nayara Energy, marking a significant leadership change at the Rosneft-backed oil and energy company. “Sergey Denisov has been appointed as the new Chief Executive Officer of Nayara Energy, signaling a pivotal leadership shift at the Rosneft-backed company.”
Denisov, a veteran executive within the organization, steps into the top role with extensive institutional experience and a deep understanding of Nayara’s operational landscape. His appointment was approved at a recent board meeting, although the company has yet to release an official statement on the development.
As CEO, Denisov will be responsible for guiding Nayara Energy through a complex operating environment shaped by evolving global geopolitical dynamics and regulatory challenges. “His appointment was finalized during a recent board meeting, although an official company statement is still awaited.”
Denisov’s leadership comes at a critical time for Nayara, as the company continues to manage and expand its significant energy infrastructure in India. He will oversee operations at the company’s flagship facility in Vadinar, Gujarat—India’s second-largest single-site oil refinery. In addition, he will be tasked with strengthening Nayara’s vast retail fuel distribution network, which includes more than 6,000 outlets nationwide.
His appointment reflects the company’s strategic focus on continuity and operational excellence, as Denisov has long been embedded in the organization and brings both technical acumen and leadership experience to the table. “A long-serving executive within the organization, Denisov brings deep institutional knowledge and hands-on operational experience to the top role.”
As Nayara Energy positions itself for future growth in a rapidly shifting energy sector, Denisov’s stewardship is expected to focus on enhancing efficiency, reinforcing supply chain resilience, and navigating external risks—all while maintaining the company’s commitment to market expansion and customer service.
With this leadership change, Nayara aims to reinforce its strategic direction and operational stability, signaling confidence in Denisov’s ability to lead the company through its next phase of transformation and growth.
