Reji Abraham is the

managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of Aban Group in

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 ...

. He was listed on the 2008 and 2009

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

list of the world's wealthiest people. He runs India's largest

offshore drilling Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the te ...

company Aban Offshore. He resides in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

. According to

2008, Abraham was named the 605th richest man in the world with an estimated $2 billion fortune. As of 2009, his wealth has decreased to $770 million. His wealth is mainly dependent on the fortunes of his company, Aban Offshore. In 2014, Aban Offshore's market cap drastically dipped due to the prolonged bear market. He possesses both a Bachelor of Engineering (BE) degree and a Master of Business Administration (MBA) degree.

History

Reji Abrahams business empire initially began with his late father M.A Abraham in 1986 as a small construction firm. Reji Abraham took charge of Aban Group in 2004 after his father's death. Under his leadership Aban Group acquired two tranches from a Norwegian company,

Sinvest Sinvest () is a Norwegian oil drilling investment company, with headquarters in Kristiansand. The company is a long-term financial and strategic investor in oil resources and offshore companies and has been listed on the Oslo Stock Exchange si ...

, for a sum of $1.3 billion.

Awards

* 2008: Listed on the 2008 Forbes list of the world's wealthiest people.

References

20th-century births Living people Businesspeople from Chennai Year of birth missing (living people) {{India-business-bio-stub