NEW DELHI: The board of Essar Oil (UK) Ltd. has appointed Tony Fountain, managing partner at Essar Energy Transition, as a non-executive director, effective from April 17.
The appointment comes at a key time for Essar as the Mumbai-based Ruia family-promoted entity is gearing up with investment plans for transitioning to be amongst the first low-carbon refineries globally, the company said.
“We would like to welcome Tony to Essar’s board. He brings over 40 years of operational, regulatory and executive experience that will enhance our business at this vital stage in our transition. We are committed to leading the energy transition and Tony’s appointment will play a crucial role in achieving this ambition,” a company statement quoted Prashant Ruia, non-executive chairman of Essar, as saying.
