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Mr. V Shyam Sunder

1969 - B.Tech - Chemical Engineering Chairman & MD @ Nagarjuna Oil Corp

Shri V Shyam Sunder belongs to that small distinguished class of techno-managers who have made public sector industrial units competitive even in a free market economy.

After graduating from this institute in 1969 with a first class BTech degree in Chemical Engineering, Shri Shyam Sunder went to the University of Leeds where in 1978 he obtained the Master’s degree in Management Studies. In 1981 he obtained his second Master’s degree in Business Administration from the University of Madras. Four years later, he also obtained a Diploma in Computer Management from the University of Bombay.

Shri Shyam Sunder’s professional career began in 1970 as a Management Trainee in the Indian Oil Corporation, and rising through Operations, Management Services, Shipping, Planning and LPG departments and various ranks of the public sector oil industry in India. He has been the Chairman & Managing Director of the Madras Refineries Ltd., since last year.

A member of several national and international bodies in oil industry, some of the major successes of Shri Shyam Sunder have been the formulation of the Kandla – Bhatinda Product Pipeline within cost limits, formulation of a highly profitable marketing strategy for his company, creation of Indian Additives Ltd, a joint venture between MRL and M/s Chevron Chemical Corporation Ltd of the USA., formulation of a marketing strategy for higher growth, publication for the first time of the First Corporate Plan of the Division, and completion of the petroleum gas bottling plants at Vijayawada and Calicut, to mention but a few.

Though widely travelled world-wide, Shri Shyam Sunder has preferred Indian public sector industry to other offers. This kind of loyalty to the company and to the country is rather unusual today, but it is this patriotic fervour that has made Shri Shyam Sunder the natural leader and spokesman of oil industry in India.

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