Bajel Projects Limited at its board of directors meeting held on April 29, 2024, based on the recommendation of the Nomination and Remuneration Committee, has approved the re-designation of Mr. Rajesh Ganesh, Managing Director as the Managing Director and Chief Executive Officer of the Company with effect from April 29, 2024, untill the end of his current term i.e. upto September 17, 2028. Rajesh has about 30 years of cross business, international experience with large multinational companies like Shell, Castrol, and Oiltanking GmbH. He has lived and worked in India, UK, Europe, Singapore and Indonesia.

He is a Mechanical Engineer and has an MBA from The University of Chicago Booth School of Business. Prior to Joining Bajel Projects Ltd, he was the Managing Director of Indian Oiltanking Limited (A JV between Indian Oil Corporation Limited and Oiltanking GmbH). During his tenure as the MD, the enterprise value of Indian Oiltanking Limited more than doubled.

He led the successful divestment of Oiltanking GmbH shareholding in Indian Oiltanking Limited to Adani Ports and SEZ Limited. He has been Managing Director of the Company since September 18, 2023.