New Delhi, Aug. 26 -- Nayara Energy on Tuesday said it has appointed Teymur Abasguliyev as its new chief executive officer (CEO), who will take charge of the company backed by Russian oil giant Rosneft in September.

Since 2013, Abasguliyev has served as chief financial officer for group companies at SOCAR Turkiye Enerji A.Ş., an Azerbaijani energy firm, overseeing corporate governance, financing, mergers and acquisitions, capital markets and large-scale organizational restructuring.

"Teymur brings over two decades of diverse international leadership experience in the energy sector, renowned for his expertise in driving organizational transformation and delivering sustainable growth," Nayara, India's largest private fuel retailer, s...