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  6. CASTROL INDIA ANNOUNCES LEADERSHIP CHANGE

CASTROL INDIA ANNOUNCES LEADERSHIP CHANGE

Sandeep Sangwan to succeed Omer Dormen as the new Managing Director

23 October 2019, Mumbai: Castrol India Limited has announced the appointment of Sandeep Sangwan as the Managing Director with effect from 1 January 2020. Sandeep Sangwan will succeed Omer Dormen who will move into another role to lead Castrol’s business in Europe, also effective 1 January 2020, after a successful tenure of four years in India.

 

Sandeep Sangwan has a prolific career extending over 29 years and brings extensive business, sales and marketing expertise with him. He is currently based in the UK as Programme Director leading a major transformation programme in BP Lubricants and has been instrumental in embedding the new Lubricants operating model across the business. Sandeep Sangwan joined BP in 2012 as a part of the Castrol innoVentures team and subsequently worked in Europe & Africa as the Regional Marketing Director and as the North Europe Sales Director.

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On the announcement, R Gopalakrishnan, Chairperson of Castrol India Board said, “Omer Dormen has been instrumental in changing the trajectory of the Castrol India business over the last four years and leading the company in making noteworthy progress against key parameters of business performance, resulting in profitable volume growth. Our best wishes are with him as he takes on his next assignment with Castrol heading the business in Europe. On behalf of the Board, I warmly welcome Sandeep Sangwan to the Castrol India team.”

 

Outgoing Managing Director, Omer Dormen commented, “It has been a huge honour to serve Castrol India alongside so many great people, internally and externally, who have generously supported me in successfully delivering the strategic business priorities and setting new industry benchmarks, while upholding our core values. I am confident that Sandeep will continue to drive Castrol India’s growth agenda and lead the business to greater heights in this advanced mobility era.”

 

Commenting on his appointment, Sandeep Sangwan said, “I am hugely excited by the opportunity to lead Castrol, an iconic brand in India, backed by exceptional people with extraordinary intent and an excellence mindset. I eagerly look forward to work with the Castrol India team to shape a relevant and responsible future, keeping the customer at the heart of all that we do.”

 

The appointment was approved by the Board at the meeting held today. Both leaders will work very closely over the next few months to facilitate a smooth transition.