By India Today Business DeskIndian Oil Corporation Limited (IOC) chairman SM Vaidya has been ranked as the top CEO in the country by the CEOWorld magazine in their annual list of World’s Most Influential CEOs for the year 2023.
Vaidya topped the chart among the Indian CEOs and ranked 81st globally in the list of over 1,200 CEOs across 96 countries.
CEOWorld’s ranking recognises his thought leadership, global influence, and the impact of his contributions towards the worldwide energy discourse.
The assessment parameters include the company’s financial returns, environmental track record, governance, social outreaches, market share, market capitalisation, and the brand’s newsworthiness & impact.
Sharing his thoughts, Vaidya said, “I am humbled and grateful for this recognition. This is not just a personal achievement but a testament to the collective efforts of the Indian Oil team to march towards an energy-secure greener tomorrow. IndianOil is on a remarkable ascent, and this honour strengthens our resolve to achieve greater heights.”
Who is SM Vaidya?
As one of the leading energy technocrats with over 36 years of experience in the downstream petroleum industry and refinery-petrochemical integration, SM Vaidya has actively contributed to global energy security and sustainability dialogues.
Besides steering Indian Oil’s core fuel business, he had led the company into a new era of environmental sensitivity through a green agenda that got new momentum when he declared Indian Oil’s aim of achieving Net Zero Operational emissions by 2046.
Driven by Vaidya’s people-centric approach, Indian Oil has emerged as one of India’s most valued social enterprises with social outreach across multiple areas like healthcare, education, women’s empowerment, and heritage conservation.
Jakob Auer
Kayleigh Rogahn
Johnnie King