Hitesh Vaid

Hitesh Vaid joined Cairn Oil & Gas, Vedanta Ltd., in August 2007 and was appointed Chief Financial Officer in February 2022. His appointment as Chief Financial Officer followed a 14-year business career at Cairn during which he rose through the ranks contributing significantly to the company’s growth and stability while adding value in financial management, strategic planning, and operational leadership. Hitesh brings in 18 years of work experience in the Oil and Gas industry, making him an experienced oil and gas finance and commercial professional. Prior to joining Cairn, he was previously associated with BPCL, India's second-largest government-owned downstream oil producer. At Cairn, Hitesh is responsible for driving overall strategic leadership, financial performance, capital allocation, business partnering, treasury, cost management, financial accounting and reporting, and other matters. He is currently the part of Cairn’s Executive Leadership Management Committee, supporting business growth decisions, leading financial analysis and creating shared value for stakeholders. Hitesh qualified as a Chartered Accountant from the ICAI in 2003. He also holds a B.Com. (Hons.) degree from India’s top commerce college – SRCC, Delhi University.

Session Overview

Tuesday, 4 November

15:20

Finance & Investment Conference Room B 15:20 - 16:05

Capital at the crossroads: investing for a diversified energy future

As the global energy sector grapples with the demands of the energy trilemma, delivering sustainability, ensuring security, and maintaining profitability, capital allocation has become a high-stakes balancing act. Investors are seeking strong returns, governments are enforcing decarbonisation mandates, and consumers expect uninterrupted, affordable energy. Gone are the days of binary choices between fossil fuels and renewables. Today’s energy leaders must craft diversified investment strategies that are resilient to geopolitical volatility, regulatory shifts, and rapid technological change. Natural gas and LNG, clean hydrogen, battery storage, and carbon capture are among the possible investment pathways where capital is being deployed.

Attendee insights:

During this Executive Boardroom Session, leasing energy executives and investors will discuss how the demands of the energy trilemma are influencing capital allocation for an increasingly diverse energy mix.