Dev Sanyal | |
|---|---|
 | |
| Born | 4 September 1965 |
| Alma mater | The Fletcher School of Law and Diplomacy, Tufts University |
| Occupation(s) | CEO, VARO Energy |
| Term | January 2022 — |
Dev Sanyal (born 4 September 1965) is the Chief Executive Officer of VARO Energy, a diversified energy company headquartered in Zug, Switzerland (since 1 January 2022). Prior to this, he had a 32-year global career with BP plc. [1] [2]
Dev Sanyal was born in New Delhi, India and grew up in Darjeeling according to Bloomberg. [3] His father, K.S.B. Sanyal, was the Chairman of the Andrew Yule Group. [4] [5]
Dev Sanyal studied at St. Paul’s School, Darjeeling [6] and St. Stephen’s College, Delhi. [7] He graduated from The Fletcher School of Law and Diplomacy at Tufts University with a Master’s degree in Politics and Economics. [8] [9] Dev Sanyal is currently a member of the Board of Overseers of the school. [10]
Dev Sanyal serves as the Chief Executive Officer of VARO Energy Group. Until 31 December 2021, he had a 32-year career with BP plc including over a decade on the group executive committee. He headed gas and low carbon energy globally. [2] Prior to this, he was chief executive, alternative energy and also accountable for BP’s Europe and Asia regions. [11] [12] [13] During his tenure, Dev Sanyal built businesses in sustainable energy – solar, offshore wind, onshore wind, hydrogen and gas, – and led the company’s energy transition. [14] [15] [16] [17]
From 1999 to 2002, [18] Dev Sanyal was CEO of BP Eastern Mediterranean and from 2003 to 2007, Dev Sanyal served as the CEO of Air BP International. [19] From 2007 to 2011, he was also Group Treasurer and Chair of BP Investment Management. Dev Sanyal was appointed Executive Vice President in 2011. [20] [19] [9] [21] [22]
On January 1, 2022, Dev Sanyal was appointed CEO of VARO Energy. [23] The ONE VARO Transformation strategy, which was unveiled in July 2022, is centred on conventional and sustainable energies and commits to spending two-thirds of capital in sustainable energies. [24] [25] [26] VARO plans to be net zero by 2040. [27]
Dev Sanyal is an independent non-executive director on the board of M&G plc since May 2022. [28] He was an independent non-executive director of Man Group plc (2013–2022). [29] [30] He is a member of the advisory board of the Centre for European Reform and a Fellow of the Energy Institute. [31] [32]
Prior to this, he was a member of the energy advisory board of the Government of India (2017–2023); [33] Accenture Global Energy Board (2012-2018); [34] Global Council of the International Crisis Group (2012–2020); Vice Chairman, Centre for China in the World Economy, Tsinghua University (2014–2019); [35] The Duke of Edinburgh’s International Award Foundation Business Leaders Group (2012–2015); [36] and Trustee of Career Ready (2007–2013). [37]
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