Summary
Overview
Work History
Education
Skills
Certification
Key Competence
Energy Sector Experience
Non Energy Sector Experience
Technology Sales Experience
Recognitions
Personal Information
Professional Highlights
Languages
Timeline
Generic

Neeraj Banarase

Mumbai

Summary

Senior Business Development professional with 25 years’ experience in Oil & Gas sector in diverse disciplines viz. Petroleum Retailing, Natural Gas Marketing & Sourcing, Supply Chain, B2B Marketing, Key Account Management & HR with Proven track record as Turnaround Strategist, Change Agent, Quick Learner, with Eye on Rapid Business Growth as well as creating Long-term business relationships in Oil & Gas, Retail, Operations & Technology Sales, and flair for disruptive adoption.

Overview

26
26
years of professional experience
1
1
Certification

Work History

Senior Manager – Employee Services

Indian Oil Corporation Ltd
05.2022 - Current
  • In charge of Employee Services/Claims
  • Technical & Financial Evaluation of Home Loans, Education Loans & Other claims
  • Enhanced team productivity by implementing strategic initiatives.
  • Contributed immensely to path-breaking changes in Home building advance policy
  • Eliminated preset budget allocation regime for employee claims
  • Highest ever Home building advance disbursements in 1 year (2023)

Senior Manager – Retail Sales

Indian Oil Corporation Ltd
04.2020 - 03.2022
  • Pan-India Roll-out of Door-to-Door Diesel supply initiative (DDD)
  • 360 degree Coordination – Sales force, Statutory Authorities, Vendors
  • Led cross-functional teams to achieve project goals and streamline operations.
  • Fuel@ Call Mobile App Roll-out i.e UAT/UX
  • On-boarding dealers/Fuelents to App
  • Fuel@Call App is highest used app for Direct HSD sales in India
  • Disruptive Model introduced for HSD Marketing: Onboarding fuelents

Senior Manager – Petrochemicals

Indian Oil Corporation Ltd
04.2017 - 03.2020
  • Petrochemicals Marketing in Western India (Gujarat, Maharashtra & Goa)
  • Branding, Marketing Campaigns (Generic & Customer centric)
  • Credit Supplies Monitoring
  • Channel Partner Control & Management
  • Added One Channel Partner (DCA) in FY18 – Added business ~ Rs 360 Mn annually.
  • Ensured seamless Transition from a outgoing DCA – No business loss
  • Change Agent for adoption of Profitability as key focus area
  • Lead the team towards 100% uninterrupted supplies during Lockdown: March-June 2020

Deputy Manager – Gas

Indian Oil Corporation Ltd
04.2013 - 03.2016
  • C-Level B2B Marketing for RLNG business
  • Gas Sourcing – Spot Contracts
  • Downstream Contract Management
  • RLNG Sourcing from domestic players viz GAIL/PLL/GSPC
  • “Total Fuel Solution” concept introduced: Cross-selling liquid fuels viz FO/LDO
  • Envisaged a novel contract process: RE-Firm –Leveraging PSU ecosystem
  • New business worth INR 4.2 Bn in 2014-2015
  • 14 New customers added – Highest in IndianOil's RLNG history by one officer
  • MOUs signed with 21 new customers in One-Day – A record
  • Facilitated cross-departmental collaboration for improved communication.
  • Supported senior management in strategic planning initiatives.

Assistant Manager – Operations

Indian Oil Corporation Ltd
09.2010 - 06.2012
  • Key Person handling Terminal operations
  • Ensured compliance with industry regulations, company policies, and safety standards to maintain a secure working environment.
  • Ensured Uninterrupted Supply Location: S&D, P/L Receipt, QC, receiving locations: AFS, Retail Outlets
  • Excellent Boundary Management - Coordination with Govt./Railways
  • 40% Reduction in over-time expenses (FY'12 over FY'11) ~ INR 3.8 Mn savings annually

Assistant Manager – Retail Sales

Indian Oil Corporation Ltd
05.2009 - 08.2010
  • Manged crisis ridden area: U/T of Daman and U/T of Dadra & Nagar Haveli as Single Person Location
  • Co-ordination with U/T administration for uninterrupted supplies
  • Ensuring statutory approvals for development of new outlets
  • Mitigated major dispute with Tax authorities & Restarted 6 outlets - strike rate of 87%
  • Launched innovative “Free Petrol” scheme for ‘Servo 4T’, resulting in 4x growth

Officer – Sales

Indian Oil Corporation Ltd
02.2005 - 04.2009
  • Key person responsible for sales of Surat District
  • Achieving sales through retail network
  • Developing Retail Outlets in Highway & Rural Segments
  • Augmented Non-Fuel revenue to highest ever level
  • Streamlined data flow for MIS, Forecasting through technology adoption
  • 12 new Retail outlets Commissioned
  • 90% of existing Retail Network Modernized
  • “KSK for Gram-Panchayat” concept bagged “Bharat Vikas Ratna award”

Business Development Executive

Orient Technologies Pvt. Ltd.
08.2004 - 02.2005
  • Identifying sales leads, prospecting and achieving sales targets, Identifying opportunities to up-sell & cross-sell for Citrix & Storage Solutions (NAS/SAN)
  • Captured new business worth INR 7 Mn
  • Established Key Account based sales practice v/s Vertical based through cross vertical coordination

Senior Marketing Executive

Savita Oil Technologies Ltd
05.2003 - 02.2004
  • Company Overview: (Erstwhile Savita Chemicals Limited)
  • Handling branding activities for ‘Idemistu’ auto-lubes brand
  • Media Planning – Print/Electronic, ATL/BTL Campaigns
  • Sales of Andhra Pradesh, Chhattisgarh & Madhya Pradesh
  • ‘Mechanic Mela’ concept is now a practice

Business Development Executive

Divas Offshore Software Technologies P. Ltd.
09.2002 - 04.2003
  • Sales of Custom ERP solutions

Trainee Marketing Executive

Bombay Brush Pvt. Ltd.
07.1999 - 06.2000

Education

Master of Business Administration - Marketing

Institute of Management Education Research & Training Pune University
Pune, India
06-2002

Bachelor of Engineering - Mechanical

Yashvantrao Chavan College of Engineering
Nagpur, India
06-1999

Skills

  • Oil & Gas Retailing
  • Natural Gas Marketing
  • Distribution Network Expansion
  • Disruptive Marketing
  • B2B Marketing (CxO Level) / Key Account Management
  • Product Basket Marketing
  • Operations Management
  • Petroleum Logistics
  • Technology Sales & adoption
  • Policy Formation
  • Change Agent
  • Branding

Certification

Senior Management Program, Indian Institute of Management - Kozhikode, 2018

Key Competence

  • Retail Sales Distribution Network Expn (Oil & Gas Sector): Development of retail marketing network. ATL/BTL/POS/ outdoor. Disruptive Marketing.
  • Natural Gas Marketing: B2B Marketing, Corporate Sales, Product Basket marketing.
  • Operations (Oil & Gas Sector): End-to-End management of supply location functions including manpower management; petroleum logistics; Stakeholders’ Buy-in.
  • Technology Sales – Key Account Management, Relationship Building, Cross Sales / Up-selling.
  • HR Practice – Policy Formation - Inclusivity, Technology Adoption.
  • Core Strength – Retail Market Development, Branding, Technology Adoption.

Energy Sector Experience

INDIAN OIL CORPORATION LTD., 

  • Senior Manager – Employee Services, 03/22, Present, In charge of Employee Services/Claims. Technical & Financial Evaluation of Home Loans, Education Loans & Other claims. Mumbai Based Locations Security., Contributed immensely to path-breaking changes in Home building advance policy. Eliminated preset budget allocation regime for employee claims. Highest ever Home building advance disbursements in 1 year (2023).
  • Senior Manager – Retail Sales, Marketing HO, Mumbai, 04/20, 03/22, Pan-India Roll-out of Door-to-Door Diesel supply initiative (DDD). 360o Coordination – Sales force, Statutory approvals, Vendors. Fuel@ Call Mobile App Roll-out. On-boarding dealers/Fuelents to App., Fuel@Call App is highest used app for Direct HSD sales in India. No-noise disruption in HSD Marketing: Onboarding private fuelents.
  • Senior Manager – Petrochemicals, West Zone, Mumbai, 04/17, 03/20, Petrochemicals Marketing in Western India (Gujarat, Maharashtra & Goa). Branding, Marketing Campaigns (Generic & Customer centric). Credit Supplies Monitoring. Channel Partner Control & Management., Added One Channel Partner (DCA) in FY18 – Added business ~ Rs. 360 Mn. Ensured seamless Transition from a retiring DCA – No business loss. Change Agent for adoption of Profitability as key focus area.
  • Deputy Manager – Gas, New Delhi, 04/13, 03/16, Natural Gas Marketing in Western India (Gujarat, Maharashtra & Goa) & Sourcing. C-Level B2B Marketing for RLNG business. Gas Sourcing – Spot Contracts. Downstream Contract Management. Focused Customer Gatherings. Sourcing of Spot gas from domestic players viz. GAIL/PLL/GSPC. Cross-selling liquid fuels viz. Furnace Oil, HSD & LPG., Envisaged a disruptive contract method: RE-Firm – Leveraging PSU ecosystem. New business worth INR 1600 Mn in FY'14 & INR 2600 Mn in FY'15 captured. 14 New customers added – Highest in RLNG history by one officer. MOUs signed with 21 new customers in One-Day – A record in 2013. 'Total Fuel Solution' contract introduced – Entry barrier.
  • Assistant Manager – Operations, Sabarmati, Ahmedabad, 09/10, 06/12, Key Person handling Terminal operations. Management of Supply Location: S&D, P/L Receipt, QC. Co-ordination with refineries, AFS, Sales Team. Boundary Management., 40% Reduction in over-time expenses (FY'12 over FY'11).
  • Assistant Manager – Retail Sales (Vapi, Gujarat), 05/09, 08/10, In-charge of retail sales in U/T of Daman and U/T of Dadra & Nagar Haveli. Ensuring market share growth & achieving sales targets through retail network. Single person responsible for petroleum sales in U/Ts of Daman, D&NH. Co-ordination with U/T administration for uninterrupted supplies. Ensuring statutory approvals for development of new outlets., Mitigated major dispute with VAT Department & Restarted 6 outlets. Launched innovative 'Free Petrol' scheme for 'Servo 4T', resulting in 4x growth.
  • Officer – Sales (Surat-2 Sales Area), 02/05, 04/09, Key person responsible for sales in part of Surat District. Achieving sales targets through retail network. Developing Retail Outlets in Highway & Rural Segments. Non-Fuel revenue. MIS, Sales projections., 12 new outlets Commissioned. 90% of existing Retail Network Modernized. 'KSK for Gram panchayat' concept bagged 'Bharat Vikas Ratna award'.

Non Energy Sector Experience

SAVITA OIL TECHNOLOGIES LIMITED (Erstwhile Savita Chemicals Limited), 05/03, 02/04, Senior Marketing Executive, Handling branding activities for 'Idemistu' auto-lubes brand reporting to V.P. (Marketing). Identifying areas of branding thrust & suitable medium. Media Planning – Print/Electronic. BTL campaigns. Sales of Andhra Pradesh, Chhattisgarh & Madhya Pradesh., 50%+ Growth in CG & AP. 30% Growth achieved in MP. 'Mechanic Mela' concept is now a practice.

Technology Sales Experience

  • ORIENT TECHNOLOGIES PRIVATE LIMITED, 08/04, 02/05, Business Development Executive, Sales of Citrix & Storage Solutions (NAS/SAN). Identifying sales leads, prospecting and achieving sales targets. Identifying opportunities to up-sell & cross-sell. Business Networking., Captured new business worth INR 7 Mn.
  • DIVAS OFFSHORE SOFTWARE TECHNOLOGIES P. LTD., 09/02, 04/03, Business Development Executive, Sales of Custom ERP solutions. Making sales oriented research. Identifying sales leads, Prospecting, and converting leads into business.

Recognitions

Instrument of Appreciation, Indian Oil Corporation Limited, 2009, 2011

Personal Information

  • Date of Birth: 01/17/77
  • Marital Status: Married

Professional Highlights

  • Adopted several Path-breaking methods specially in critical situations. Turned around Market Trends through multi-pronged approaches & People/Relationship Management.
  • Indian Oil Corporation Limited, HR: Pan-India implementation of Real Estate Management Systems that resulted in 99% reduction in failed payments/reworking., Highest ever home building advance disbursement (2022) ~ Rs. 150 Mn., Fuel Retails Sales: Nation-wide Roll-out of Door-step fuel initiative. [Fuel@Call] – A major business disruption (2020). New business of size of ~ Rs. 3.06 Bn., Turnaround of negative market trend 2006 and 2008., Smooth Onboarding of merged dealer network (IBP merger)., Natural Gas Business: Instrumental in framing 'Total Fuel Solution' and 'RE-Firm' – an innovative contracting method for an unbeatable edge over competition. (2014-16), Petrochemicals Business: Key role in driving paradigm shift from volume based product focus to profitability based product focus of sales., Operations: Drove Operational Efficiency initiatives to save ~ Rs. 24 Mn.
  • Orient Technologies (P) Ltd, Mumbai: Established practice of 'Customer Account Based Sales' – a paradigm shift from 'Vertical Based approach' (2004).
  • Savita Oil Technologies Ltd, Mumbai, Introduced the concept of 'Mechanic Mela' (2003), Adoption of Vernacular media for deeper market reach, Re-launched region-specific ATL campaigns., Propelled POS/BTL campaigns – A Paradigm shift from traditional approach.

Languages

English
Bilingual or Proficient (C2)
Hindi
Advanced (C1)
Gujarati
Intermediate (B1)
Marathi
Bilingual or Proficient (C2)

Timeline

Senior Manager – Employee Services

Indian Oil Corporation Ltd
05.2022 - Current

Senior Manager – Retail Sales

Indian Oil Corporation Ltd
04.2020 - 03.2022

Senior Manager – Petrochemicals

Indian Oil Corporation Ltd
04.2017 - 03.2020

Deputy Manager – Gas

Indian Oil Corporation Ltd
04.2013 - 03.2016

Assistant Manager – Operations

Indian Oil Corporation Ltd
09.2010 - 06.2012

Assistant Manager – Retail Sales

Indian Oil Corporation Ltd
05.2009 - 08.2010

Officer – Sales

Indian Oil Corporation Ltd
02.2005 - 04.2009

Business Development Executive

Orient Technologies Pvt. Ltd.
08.2004 - 02.2005

Senior Marketing Executive

Savita Oil Technologies Ltd
05.2003 - 02.2004

Business Development Executive

Divas Offshore Software Technologies P. Ltd.
09.2002 - 04.2003

Trainee Marketing Executive

Bombay Brush Pvt. Ltd.
07.1999 - 06.2000

Master of Business Administration - Marketing

Institute of Management Education Research & Training Pune University

Bachelor of Engineering - Mechanical

Yashvantrao Chavan College of Engineering
Neeraj Banarase