Mr Sarad Kumar Baranwal

Managing Director

sarad-kumar-baranwal-management1Mr. Sarad Kumar Baranwal is an Electrical Engineering graduate from premiere institute Indian Institute of Technology, Kharagpur and holds post graduate degree in business management (Marketing and Finance) from another reputed institute MDI, Gurgaon. He has joined IOML on 29th July 2022 as Managing Director.

Mr. Baranwal joined Indian Oil (IOCL), the parent company of IOML in 1995. He advanced through various roles in Operations, Sales (B2C & B2B) and Lubricants business at IOCL. Before joining at IOML, he held multiple leadership positions at various business verticals and geographies in India.

In 2020, Mr. Baranwal was appointment as the head of lubricants business in Central part of India (MP and Chhattisgarh). Under his leadership, lubricants business has grown in all market segments in a very competitive market scenario and SERVO brand maintained its market leadership. His multiple customer centric initiatives have resulted in immense value creation for the customers along with huge forex saving.

From 2012 to 2020, Mr. Baranwal as Divisional Retail Head for three very important territories of India (Mumbai, Ahmedabad, and Jalandhar), took many industry leading initiatives and spearheaded the rapid expansion of retail footprint, leading to immense volume and market share growth for the company.

His focus area has been adoption of technology and creating unique value propositions for the customers so as to ensure create a memorable experience for motorists. One such Retail outlet commissioned under his leadership at Mumbai-Pune Expressway has become benchmark for the industry.

Mr. Baranwal has proven track record of leading diverse teams for achieving challenging goals and he believes in creating a win-win scenario for every stakeholder.