Monday, May 20, 2019

Lanka IOC Managing Director Shyam Bohra completes tenure

Shyam Bohra has completed his tenure in Sri Lanka and left the island.

Shyam Bohra took over as the head of Lanka IOC in Sep.15 and has been responsible for bolstering the brand’s image and presence in Sri Lanka. In a challenging competitive market, he helped the company to not only grow in all segments but also expanded the reach beyond Sri Lanka to countries like Qatar, Maldives & Indonesia. Under his leadership, Lanka IOC commenced Bunkering operations at Trincomalee which strengthened the presence of company as a dominant player in the segment. Despite stiff competition from MNC majors & local companies, the market share of other products also improved significantly.

During his tenure, He actively pursued for implementation of Pricing mechanism of Auto Fuels which was implemented in May 18.

He also took many initiatives & worked on strategies which helped the company in recording strong performance despite challenges & adverse market conditions.

Shyam Bohra is a Board member of CPSTL & also served as President of Indian CEO forum, an elite body of Indian heads of multinational corporations (MNCs) and Sri Lankan companies.

Shyam Bohra will be relocating to Delhi and will be joining at an elevated position as Executive Director being the incharge of two states, Delhi and Haryana.

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