Essar Group Executive and Leadership Team

July, 2026

Leadership Overview

Essar Group has 10 executives leading key functions including strategy, finance, operations, and marketing.

Driven by a commitment to core sectors, Essar Group focuses on energy, infrastructure, metals & mining, and services, impacting global markets through its diverse asset portfolio and integrated business approach.

Leadership Roles at Essar Group

  • Chief Executive Officer - Vibhav Agarwal
  • Managing Director & Chief Executive Officer - Lalit Gupta
  • Chief Financial Officer - Swetang Shah
  • Group Chief Financial Officer - V. Ashok
  • Head Chief Financial Officer, Finance & Commercial - Kamlesh Kurani
  • Chief Operating Officer - Kot Bhakthavatsalam
  • Chief Pilot and Chief Operating Officer - Aviation Division - Sanjay Dahiya
  • Chief Information Officer - Erison Oktavian
  • Deputy Chief Marketing Officer - Krutarth Agravat
  • Chief Marketing Officer, Espd - Sanjay Sawhney
  • Vibhav Agarwal - Chief Executive Officer

    Vibhav Agarwal, the Chief Executive Officer at Essar Group, directs the overarching strategic vision and operational execution across the conglomerate's diverse business units. This leadership role involves aligning Essar Group's core sectors—Energy, Infrastructure, Metals & Mining, and Services—with market opportunities and long-term growth objectives. Agarwal oversees the integration of group-wide initiatives, ensuring synergy and efficiency in resource allocation and capital deployment. By fostering a culture of innovation and operational excellence, Vibhav Agarwal drives the company's expansion and strengthens its position in the global marketplace. The Chief Executive Officer's mandate includes navigating complex regulatory environments and identifying new avenues for sustainable development, directly contributing to Essar Group's established market presence and future trajectory.

    Lalit Gupta - Managing Director & Chief Executive Officer

    Lalit Gupta, the Managing Director & Chief Executive Officer at Essar Group, spearheads the strategic direction and comprehensive management of the conglomerate's extensive operations. Gupta's responsibilities encompass guiding Essar Group's presence in critical sectors such as Energy, Infrastructure, Metals & Mining, and Services, ensuring robust performance and market leadership. This executive drives the implementation of long-term business plans, focusing on sustainable growth and value creation for stakeholders. By fostering cross-functional collaboration and optimizing resource utilization, Lalit Gupta enhances operational efficiency and expands the group's global footprint. The Managing Director & Chief Executive Officer's leadership is pivotal in navigating market dynamics and capitalizing on emerging opportunities, solidifying Essar Group's reputation as a key player in its core industries.

    Swetang Shah - Chief Financial Officer

    Swetang Shah, the Chief Financial Officer at Essar Group, directs the financial strategy and fiscal operations across the conglomerate's diverse portfolio. Shah's purview includes managing capital allocation, financial planning, risk management, and investor relations, ensuring the financial health and stability of Essar Group's Energy, Infrastructure, Metals & Mining, and Services divisions. This role involves optimizing financial performance, driving profitability, and securing funding for strategic initiatives and expansion projects. By maintaining rigorous financial controls and fostering transparent reporting, Swetang Shah supports informed decision-making and enhances shareholder value. The Chief Financial Officer's expertise is critical in navigating complex financial markets and ensuring the long-term economic viability of the group's extensive operations.

    V. Ashok - Group Chief Financial Officer

    V. Ashok, the Group Chief Financial Officer at Essar Group, directs the comprehensive financial management and strategic fiscal planning for the conglomerate's diverse operations in Energy, Infrastructure, Metals & Mining, and Services. Ashok's role encompasses overseeing financial reporting, capital management, treasury operations, and driving financial performance across all business verticals. This executive is instrumental in developing and executing financial strategies that support sustainable growth, optimize profitability, and enhance shareholder value. By ensuring robust financial controls and fostering strong relationships with financial institutions, V. Ashok plays a critical part in securing the group's financial stability and facilitating strategic investments. The Group Chief Financial Officer's expertise is vital for navigating complex financial landscapes and achieving Essar Group's long-term economic objectives.

    Kamlesh Kurani - Head Chief Financial Officer, Finance & Commercial

    Kamlesh Kurani, the Head Chief Financial Officer, Finance & Commercial at Essar Group, leads the financial and commercial operations critical to the conglomerate's success across its Energy, Infrastructure, Metals & Mining, and Services sectors. Kurani's responsibilities include managing financial planning and analysis, commercial strategy development, and ensuring fiscal discipline throughout the organization. This role involves optimizing revenue streams, controlling costs, and driving profitability by aligning financial objectives with commercial imperatives. By providing strategic financial insights and overseeing commercial negotiations, Kamlesh Kurani supports informed decision-making and enhances the group's market competitiveness. The Head Chief Financial Officer's focus on integrated finance and commercial strategy is essential for maximizing value and achieving Essar Group's growth targets.

    Kot Bhakthavatsalam - Chief Operating Officer

    Kot Bhakthavatsalam, the Chief Operating Officer at Essar Group, oversees the day-to-day operational execution and efficiency across the conglomerate's core sectors, including Energy, Infrastructure, Metals & Mining, and Services. Bhakthavatsalam's responsibilities involve optimizing production processes, managing supply chains, and ensuring the seamless integration of operational strategies to drive productivity and cost-effectiveness. This executive focuses on enhancing operational performance, implementing best practices, and maintaining high standards of quality and safety across all business units. By driving operational excellence, Kot Bhakthavatsalam directly contributes to the group's profitability and market competitiveness. The Chief Operating Officer's strategic oversight ensures that Essar Group's extensive assets are managed effectively to meet market demands and achieve strategic objectives.

    Sanjay Dahiya - Chief Pilot and Chief Operating Officer - Aviation Division

    Sanjay Dahiya, the Chief Pilot and Chief Operating Officer - Aviation Division at Essar Group, commands the operational excellence and safety standards within the group's aviation segment. Dahiya's dual role involves overseeing flight operations, fleet management, and ensuring adherence to the highest aviation safety protocols, while also contributing to the broader operational strategy of Essar Group. This leadership position focuses on optimizing aviation division performance, managing resources efficiently, and maintaining regulatory compliance. By ensuring the highest levels of safety and operational efficiency, Sanjay Dahiya directly supports the critical functions of the aviation division, contributing to the group's integrated service offerings. The Chief Pilot and Chief Operating Officer's expertise is fundamental to the reliable and safe execution of aviation-related operations.

    Erison Oktavian - Chief Information Officer

    Erison Oktavian, the Chief Information Officer at Essar Group, architects and executes the technology strategy that underpins the conglomerate's operations across Energy, Infrastructure, Metals & Mining, and Services. Oktavian oversees the development and implementation of robust IT infrastructure, digital transformation initiatives, and cybersecurity measures to enhance operational efficiency and data security. This leadership position involves leveraging technology to drive innovation, streamline business processes, and support strategic decision-making throughout the organization. By ensuring seamless integration of digital solutions, Erison Oktavian empowers Essar Group to maintain a competitive edge and adapt to evolving market demands. The Chief Information Officer's focus on technological advancement is crucial for optimizing performance and fostering growth across all business verticals.

    Krutarth Agravat - Deputy Chief Marketing Officer

    Krutarth Agravat, the Deputy Chief Marketing Officer at Essar Group, supports the strategic development and execution of marketing initiatives across the conglomerate's diverse business units, including Energy, Infrastructure, Metals & Mining, and Services. Agravat collaborates with the Chief Marketing Officer to enhance brand visibility, drive customer engagement, and identify market opportunities that align with Essar Group's strategic objectives. This role involves analyzing market trends, developing targeted campaigns, and optimizing marketing spend to maximize return on investment. By contributing to innovative marketing strategies, Krutarth Agravat helps strengthen Essar Group's market position and foster customer loyalty. The Deputy Chief Marketing Officer's efforts are crucial in amplifying the group's brand presence and driving commercial success.

    Sanjay Sawhney - Chief Marketing Officer, Espd

    Sanjay Sawhney, the Chief Marketing Officer, Espd at Essar Group, directs the marketing and commercial strategies for the Energy sector, driving brand growth and market penetration. Sawhney oversees the development and implementation of innovative marketing campaigns, market analysis, and customer engagement initiatives designed to enhance Essar Group's presence in the energy market. This leadership role involves identifying new business opportunities, optimizing product positioning, and fostering strong relationships with key stakeholders and clients. By aligning marketing efforts with business objectives, Sanjay Sawhney plays a pivotal role in expanding market share and driving revenue growth for the Espd division. The Chief Marketing Officer's strategic vision is essential for navigating the competitive energy landscape and achieving sustained commercial success.

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    Frequently Asked Questions Regarding Essar Group Top Executives and Leadership Team

    Who leads Essar Group?
    Essar Group is led by Vibhav Agarwal (Chief Executive Officer), along with executives such as Lalit Gupta (Managing Director & Chief Executive Officer) and Swetang Shah (Chief Financial Officer).
    Who is part of Essar Group’s executive team?
    The executive team of Essar Group includes leaders such as Vibhav Agarwal (Chief Executive Officer), Lalit Gupta (Managing Director & Chief Executive Officer), Swetang Shah (Chief Financial Officer) and other senior executives.
    How many executives does Essar Group have?
    Essar Group has 10 executives leading key business areas.
    What roles are included in Essar Group’s leadership team?
    The leadership team of Essar Group includes roles such as Chief Executive Officer, Managing Director & Chief Executive Officer, Chief Financial Officer, Group Chief Financial Officer, Head Chief Financial Officer, Finance & Commercial.