Rüya Bayegan, Group CEO of BGN, has been honored with the prestigious New Silk Road Lifetime Achievement Award for the Advancement of Women’s Leadership in the International Energy Markets. The award was presented to Mrs. Bayegan by ADNOC Trading CEO President Ahmad Bin Thalith at the Gulf Intelligence Energy Markets Forum, held in Fujairah, UAE, on 1 October 2024.
This esteemed award, established to recognize influential leaders driving transformative changes in global energy markets, was conferred upon Mrs. Bayegan for her visionary leadership and pioneering strategies within the energy sector. The international selection committee praised her for her exceptional management approach and remarkable achievements in the global energy markets, specifically her role in shaping the future of energy trading.
The New Silk Road Lifetime Achievement Award is an annual honor presented to leaders who have made extraordinary contributions to the transformation of energy and trade routes across Asia, the Middle East, and Africa. Rüya Bayegan’s recognition as the first recipient of this new award marks a historic moment for the energy industry, reflecting her exceptional impact on both the business and wider community.
Award Journey and Vision
Rüya Bayegan’s success is built on a foundation of strategic decisions and a relentless drive for innovation. Her leadership has been instrumental in the creation of one of the largest LPG (liquefied petroleum gas) trading desks in the world. However, her success extends beyond just energy trading; under her direction, BGN has diversified its commodity trading portfolio to include lower-carbon emitting products, aligning with global efforts to reduce emissions and advance sustainable energy solutions.
Her strategic foresight led to the establishment of new trading desks for Liquefied Natural Gas (LNG) and Sustainable Aviation Fuel (SAF), allowing BGN to remain at the forefront of the energy transition. Additionally, BGN is exploring carbon removal projects and pursuing further diversification of its energy offerings.
The creation of BGN Energy, a new midstream and upstream investment unit, is one of Mrs. Bayegan’s latest ventures, aiming to invest in upstream oil production while also setting ambitious targets for renewables energy capacity by 2030. This forward-thinking approach positions BGN as a key player in both traditional energy and clean energy markets.
A Legacy of Leadership
The New Silk Road CEO of the Year Awards, which have been held annually since 2019, honor exceptional leaders making significant contributions to the energy trading industry. Fujairah, a hub for energy trade situated at the crossroads of Asia and the Middle East, provided a fitting backdrop for the ceremony. The region’s historical and modern significance in global energy trade made it an ideal location to recognize Mrs. Bayegan’s achievements.
Under Rüya Bayegan’s leadership, BGN has expanded its footprint from a regional player to a global energy giant. The company now operates across 22 locations, including key energy centers such as Dubai, Geneva, Houston, London, Rotterdam, and Singapore. With close to 750 employees worldwide, BGN has solidified its position as a global leader in energy and commodity trading.
Rüya Bayegan has earned widespread respect in the global energy and commodity trading sectors for her ability to blend innovation with operational excellence. Her transformative vision has helped propel BGN to the top of the industry, making it a force to be reckoned with in the global energy market.
BGN’s growth is also driven by its investment in sustainable practices, with a growing fleet of over a dozen new ships being developed to transport transition fuels such as liquid gas and ammonia. This effort is vital to supporting BGN’s expanding trading platform and its commitment to meeting global energy demands.
Commitment to People and Equality
Rüya Bayegan is not only dedicated to transforming the energy landscape but also deeply values the well-being of her employees and communities. Her non-profit initiatives, including welfare programs for employee families, donations to hospitals and schools, and earthquake relief efforts, demonstrate her commitment to social responsibility.
Rüya’s leadership is also focused on empowering the next generation of energy leaders, with a clear goal for BGN to recruit women for 50% of its new hires. This commitment to gender equality is a key part of her broader vision to promote diversity and inclusion within the energy sector and to foster a more equitable future for all.
About BGN
BGN is a leading energy company with a global presence, specializing in the trading, storage, and transportation of petroleum products, petrochemicals, and commodities. With over 20 years of experience in global energy trading, BGN continues to strengthen its position as an industry leader, committed to addressing the global energy shortage through innovative solutions and sustainable practices.
Under Rüya Bayegan’s leadership, BGN has become a trailblazer in the energy sector, combining expertise, innovation, and a forward-thinking approach to shape the future of global energy markets. The company remains dedicated to providing efficient and reliable energy solutions, driving the transition to cleaner energy, and making a positive impact on communities around the world.
Source BGN