Dev Sanyal (born 4 September 1965) is the Chief Executive Officer of

VARO Energy VARO Energy (VARO) is a leading-integrated energy company headquartered in Zug, Switzerland. It operates in integrated energy value chains (including manufacturing, storage and distribution, marketing and trading), with businesses in convention ...

, a diversified energy company headquartered in

Zug , neighboring_municipalities = Cham, Baar, Walchwil, Steinhausen, Unterägeri , twintowns = Fürstenfeld (Austria), Kalesija (Bosnia-Herzegowina) Zug (Standard German: , Alemannic German: ; french: Zoug it, Zugo r ...

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

(since 1 January 2022). Prior to this, Dev had a 32-year global career with BP plc.

Early life and education

Dev Sanyal was born in

New Delhi New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

and grew up in

Darjeeling Darjeeling (, , ) is a town and municipality in the northernmost region of the Indian state of West Bengal. Located in the Eastern Himalayas, it has an average elevation of . To the west of Darjeeling lies the easternmost province of Nepal, ...

according to

Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and ma ...

. His father, K.S.B. Sanyal, was the Chairman of the Andrew Yule Group. Dev Sanyal studied at St. Paul’s School, Darjeeling and St. Stephen’s College,

Delhi Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...

. He graduated from The Fletcher School of Law and Diplomacy at Tufts University with a Master’s degree in Politics and Economics. Dev Sanyal is currently a member of the Board of Overseers of the school.

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. Prior to this, he was chief executive, alternative energy and also accountable for BP’s Europe and Asia regions. During his tenure, Dev built businesses in sustainable energy – solar,

offshore wind Offshore wind power or offshore wind energy is the generation of electricity through wind farms in bodies of water, usually at sea. There are higher wind speeds offshore than on land, so offshore farms generate more electricity per amount of c ...

onshore wind A sea breeze or onshore breeze is any wind that blows from a large body of water toward or onto a landmass; it develops due to differences in air pressure created by the differing heat capacities of water and dry land. As such, sea breezes ar ...

hydrogen Hydrogen is the chemical element with the symbol H and atomic number 1. Hydrogen is the lightest element. At standard conditions hydrogen is a gas of diatomic molecules having the formula . It is colorless, odorless, tasteless, non-toxic, an ...

and gas, – and led the company’s energy transition. From 1999 to 2002, Dev was CEO of BP Eastern Mediterranean and from 2003 to 2007, Dev Sanyal served as the CEO of Air BP International. From 2007 to 2011, he was also Group Treasurer and Chair of BP Investment Management. Dev was appointed Executive Vice President in 2011. On January 1, 2022, Dev Sanyal was appointed CEO of VARO Energy. 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. VARO plans to be net zero by 2040.

Memberships

* Independent non-executive director on the board of M&G plc. * Independent non-executive director on the board of

Man Group plc Man Group plc is an active investment management business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world's largest publicly t ...

from 2013 to 2022. * Member of the Accenture Global Energy Board from 2012 to 2018. * Vice Chairman, Centre for China in the World Economy,

Tsinghua University Tsinghua University (; abbreviation, abbr. THU) is a National university, national Public university, public research university in Beijing, China. The university is funded by the Ministry of Education of the People's Republic of China, Minis ...

from 2014 to 2019. * Member of the

Duke of Edinburgh Duke of Edinburgh, named after the city of Edinburgh in Scotland, was a substantive title that has been created three times since 1726 for members of the British royal family. It does not include any territorial landholdings and does not produc ...

’s International Award Foundation from 2012 to 2015. * Member of the energy advisory board of the

Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...

from 2017 to 2023. * Member of the advisory board of the

Centre for European Reform The Centre for European Reform (CER) is a London-based think tank that focuses on matters of European integration. It is a prominent source of ideas and commentary in debates about a wide range of EU-related issues, both in the United Kingdom and in ...

. * Fellow of the

Energy Institute The Energy Institute (EI) is a professional organization for engineers and other professionals in energy-related fields. The EI was formed in 2003 by the merger of the Institute of Petroleum (dating back to 1913) and the Institute of Energy (d ...

. * Trustee of Career Ready from 2007 to 2013.

References

{{DEFAULTSORT:Sanyal, Dev Living people 1965 births St. Stephen's College, Delhi alumni The Fletcher School at Tufts University alumni People from Darjeeling