Dev Sanyal

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, Dev had a 32-year global career with BP plc.[1][2]

Dev Sanyal
Born (1965-09-04) 4 September 1965
New Delhi
Alma materThe Fletcher School of Law and Diplomacy, Tufts University
Occupation(s)CEO, VARO Energy
TermJanuary 2022 —

Early life and education

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]

Career

Dev Sanyal serves as the Chief Executive Officer of VARO Energy Group. Until 31 December 2021, Dev 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 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 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 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 Plan, which Was unveiled in July 2022, is centred on conventional and sustainable energy and commits to spending two-thirds of capital in renewable enterprises.[24][25][26] VARO plans to be net zero by 2040.[27] 

Memberships

References
  1. www.ETHRWorld.com. "BP's renewables boss Sanyal quits in surprise departure - ETHRWorld". ETHRWorld.com. Retrieved 25 October 2022.
  2. "BP's renewables boss Dev Sanyal quits in surprise departure". Moneycontrol. Retrieved 25 October 2022.
  3. Hurst, Laura (20 May 2021). "BP Starts Offshore Wind Recruitment Push as Green Ambitions Grow". www.bloomberg.com. Retrieved 25 October 2022.
  4. Bhattacharya, A. K. (7 February 2006). "A K Bhattacharya: The rise of PSU chairmen". Business Standard India. Retrieved 25 October 2022.
  5. "BP-Vorstand Sanyal zu Erneuerbaren Energien: "Wir können nicht etwas aufbauen, das unseren Investoren keine Rendite bringt"". www.handelsblatt.com (in German). Retrieved 25 October 2022.
  6. "Old Paulites". St. Paul's School Darjeeling. Retrieved 25 October 2022.
  7. "Creating the next chapter in India's energy story | News and insights | Home". bp global. Retrieved 25 October 2022.
  8. "Dev Sanyal". CERAWeek. Retrieved 25 October 2022.
  9. "VARO Energy announces appointment of Dev Sanyal as CEO | Carlyle". www.carlyle.com. Retrieved 25 October 2022.
  10. "Speaker Details: 2022 Energy Intelligence Forum". www.energyintelligenceforum.com. Retrieved 25 October 2022.
  11. "BP returns to solar with investment in Lightsource". Reuters. 15 December 2017. Retrieved 25 October 2022.
  12. "BP's joint solar venture Lightsource BP to more than double expansion by 2025". the Guardian. 20 September 2021. Retrieved 25 October 2022.
  13. "Big Oil's green makeover". Washington Post. ISSN 0190-8286. Retrieved 25 October 2022.
  14. Hurst, Laura; Andy, Hoffman (14 September 2021). "BP Appoints New Head of Low-Carbon Business Amid Clean Energy Shift". www.bloomberg.com. Retrieved 25 October 2022.
  15. "Oil refiner Varo aims to stop selling carbon products by 2040". Financial Times. 5 July 2022. Retrieved 25 October 2022.
  16. "There is a Huge Appetite for Alternatives: BP's Dev Sanyal". www.bloomberg.com. 14 January 2021. Retrieved 25 October 2022.
  17. Hurs, Laura; Mathis, Will (15 September 2020). "BP's Clean Energy Push Starts With Five-Year Dash on Solar, Wind". www.bloomberg.com. Retrieved 25 October 2022.
  18. 李齐. "BP a trusted, valuable partner of China". www.chinadaily.com.cn. Retrieved 16 December 2022.
  19. "Dev Sanyal, EVP gas & low carbon energy, to leave bp | News and insights | Home". bp global. Retrieved 25 October 2022.
  20. Thang, Elizabeth; Lim, Donavan; Puette, Loren (14 September 2022). "Used cooking oil: Is it the new liquid gold?". www.spglobal.com. Retrieved 25 October 2022.
  21. "Fig Leaf or Force for Good? IOCs and the energy transition". www.hks.harvard.edu. Retrieved 25 October 2022.
  22. Denton, Vicky (15 September 2021). "Dev Sanyal leaving bp to lead energy transition at VARO Energy". F&L Asia. Retrieved 25 October 2022.
  23. "Speaker Details: 2022 Energy Intelligence Forum". www.energyintelligenceforum.com. Retrieved 25 October 2022.
  24. "Varo to Stop Making Diesel From Crude in Effort to Cut Emissions". news.bloomberglaw.com. Retrieved 25 October 2022.
  25. "VARO announces new ambitious ESG strategy". Hydrocarbon Engineering. 28 July 2022. Retrieved 25 October 2022.
  26. Edwards, Rowena (5 July 2022). "Varo Energy sets low carbon strategy, net-zero goals". Reuters. Retrieved 25 October 2022.
  27. "Oil refiner Varo aims to stop selling carbon products by 2040". Financial Times. 5 July 2022. Retrieved 25 October 2022.
  28. "M&G plc appoints Non-Executive Director". www.mandgplc.com. Retrieved 9 November 2022.
  29. "Oil exec Dev Sanyal moves to M&G board from Man". fintel.io. Retrieved 9 November 2022.
  30. "Dev Sanyal new director at Man Group | Careers | POST Online Media". www.poandpo.com. Retrieved 9 November 2022.
  31. MarketScreener. "Dev Sanyal - Biography". www.marketscreener.com. Retrieved 9 November 2022.
  32. "Swedbank Energy Summit 2022". www.swedbankenergysummit2022.com. Retrieved 9 November 2022.
  33. "EXECUTIVE CHANGES: Oil exec Dev Sanyal moves to M&G board from Man". MorningstarUK. 2 December 2021. Retrieved 9 November 2022.
  34. "CERAWeek by S&P Global | The World's Premier Energy Event". CERAWeek. Retrieved 9 November 2022.
  35. "Advisory board". Centre for European Reform. Retrieved 9 November 2022.
  36. "Speaker Details: 2022 Energy Intelligence Forum". www.energyintelligenceforum.com. Retrieved 9 November 2022.
  37. "Ep99: Dev Sanyal "In the Engine Room of the Transition"". Cleaning Up. Leadership in an age of climate change. Retrieved 16 December 2022.
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