Essar Energy appoints Deepak Maheshwari as new CFO

Essar Energy has appointed Deepak Maheshwari as Chief Financial Officer (CFO) of the company and the current CFO P Sampath has taken charge as President of business optimisation and improvement.

Maheshwari most recently served as the Chief Financial Officer of Reliance Power Limited and has over 19 years of experience in project and corporate finance, investment banking and treasury management. He joined the Reliance Group in 2004 and played a critical role in leading the capital markets and financing and risk management requirements of the group. He had also served as the director Corporate Finance with ANZ Investment Bank in London and ICICI Securities in India. At Essar Energy, he will report to Naresh Nayyar, Chief Executive Officer of Essar Energy.

On the other hand, Sampath has held the position of CFO of Essar since September 2010 and prior to that was the director finance of Essar Oil from August 2008. Sampath has also previously held a number of senior finance roles including Group CFO for RPG Enterprises and managing director of GHCL.