Sameer Parasnis
About Sameer Parasnis
Sameer Parasnis is the Executive Vice President and Chief Financial Officer with extensive experience in finance and operations across various industries, particularly in banking and energy sectors.
Current Role: Executive Vice President and Chief Financial Officer
Sameer Parasnis currently holds the position of Executive Vice President and Chief Financial Officer. He joined the company in July 2023, bringing with him a wealth of financial and operational expertise. His role involves overseeing the company's financial strategy, including capital markets, financial reporting, and managing investor relations.
Professional Experience in Banking and Finance
Sameer Parasnis has amassed 25 years of financial and operational experience, with 20 of those years dedicated to the banking sector. His notable roles include serving as Managing Director of Stifel Financial Corporation's Energy and Natural Resources team in Houston from August 2016 to May 2019, and again from August 2020 until his departure to join W&T Offshore. His career also includes eight years at Credit Suisse, where he gained international experience.
Industry Expertise: Oil & Gas and Energy Transition
Throughout his career, Sameer Parasnis has specialized in advising companies in the Oil & Gas and Energy Transition industry. His advisory roles have focused on equity capital markets, debt capital markets, and strategic Mergers & Acquisitions (M&A), demonstrating his proficiency in guiding companies through complex financial landscapes.
Career Beginnings and Transition to Finance
Sameer Parasnis began his career as a chemical engineer at Reliance Industries Ltd. in 1996. He transitioned to the finance sector after completing his MBA, starting at Citigroup. His diverse background in both engineering and finance provides a unique perspective and expertise in his role as an executive in the financial industry.
Educational Background
Sameer Parasnis earned his undergraduate degree from the Institute of Chemical Technology in Mumbai, India. He furthered his education with a Master of Business Administration from Southern Methodist University and a Master of Finance from the London Business School. His robust educational foundation supports his extensive career in both engineering and finance.