CEO, FAM AB calls on Chairman, Indian Oil Corporation Limited

Mr. Håkan Buskhe, CEO of FAM AB, a Swedish privately held investment company owned by the Wallenberg Foundations, paid a courtesy call on Mr. A. S. Sahney, Chairman, Indian Oil Corporation Limited (IOCL).

Mr. Buskhe was accompanied by Mr. Robert Hermans, CEO of IPCO, and Mr. Robert Stivali, Managing Director, IPCO India, along with senior colleagues.

During the interaction, Mr. Buskhe introduced the Wallenberg Group and FAM AB, highlighting IPCO’s presence and operations in India. He also underlined FAM’s role as a strategic investor in globally reputed companies such as ABB, SKF, Atlas Copco, AstraZeneca, Stora Enso, and Epiroc.

The discussions featured an exchange of perspectives on India’s oil & gas sector and the broader business landscape, with a special focus on exploring potential collaborations in Sustainable Aviation Fuel (SAF), renewables, nuclear energy, and other emerging technologies.

Mr. Sahney was joined in the meeting by Mr. A. V. Raghunathan, Executive Director (NB), and Mr. S. K. Papneja, Executive Director (PS-PJ).