Business
Genoil Appoints New Vice President of India
Genoil Appoints New Vice President of India.
About this update from Genoil Inc.
[{"type":"text","content":"\n\n NEW DELHI, India, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Genoil Inc. (GNOLF), the publicly traded clean technology engineering company for the petroleum industry, today announced the appointment of Mr. Nari Narayanan as Vice President of Genoil’s India operation. The development comes as interest in Genoil’s desulphurisation technology continues to increase rapidly in line with the global demand for cleaner energy.\n At Genoil Mr. Narayanan will be responsible for sourcing and progressing market opportunities throughout India. The country is investing in a wide range of measures to green its energy system and reduce sulphur emissions. Mr. Narayanan has extensive financial experience drawn from a variety of senior roles across investment and corporate banking. He joins Genoil from Kuberon Capital LLC where he was a managing partner. Previously he was a Senior Vice President of Investment Banking at Source Capital Group focusing on the BPO (business process outsourcing) and IT sectors, and cross border mergers and acquisitions. Among Mr. Narayanan’s other roles he was the Senior Managing Director and portfolio manager at Bear Stearns Asset Management with $150M assets under management.  He was also a Managing Partner at Heckman Global Advisors, Inc and a Senior Vice President of Investment Banking for structured fixed income with Salomon Smith Barney’s Global Derivatives Group. He has also held senior positions with Lehman Brother’s Global equity and derivative strategies team, and Salomon Brothers. His energy expertise includes leading an initiative to form a Middle East based investment bank for energy, mining and agricultural resources across the globe. Additionally he has worked on significant financing and securities projects across the UAE and the Gulf region. Mr. Narayanan has a MBA from Columbia University School of Business, a M.S. in Computer Science from the University of Texas and a Bachelor of Technology from the Indian Institute of Technology, Madras, India. Commenting on the appointment, Bruce Abbott, COO of Genoil, said: “I am delighted to welcome Nari to the Genoil team. His extensive finance and energy expertise will be of huge benefit as Genoil expands further into the Indian sub-continent to bring clean energy to new markets.” About Genoil Inc.: Genoil is a public...