Oza will be paid a total cash salary of $468,142 per annum including $30,000 superannuation, have a company maintained vehicle and a home travel allowance for him and his family once a year.

Oza has more than 30 years of experience and has held senior positions in various organizations including Canadian telecom major Nortel Networks as director of international marketing and Booz Allen Hamilton in Mclean Virginia.

Prior to this, he successfully managed his own business in the hospitality industry in US.

He was working as president, global ventures, Jindal Steel and Power before joining Wollongong Coal as CEO. He remains the chairman of Jindal Power Senegal, which has signed a Power Purchase Agreement for building a 350 MW coal based power generation plant in Senegal, with total investment of $US900 million.

Oza, 58, has a Bachelor’s degree in business and an LL.B. degree in law from South Gujarat University, and also holds Master’s in International Management studies from University of Texas and Masters of Science in Management Information Systems from University of Texas at Dallas, USA.