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An IATF 16949:2016, ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 Certified Company

Board of Directors


Tsu Ti Liu

   Chairman

Mr. Tsu Ti Liu, an industry expert, boasts three decades of invaluable experience in the raw tire material sector. Renowned for his results-driven approach, he consistently delivers profit maximization and pioneers new revenue streams for multinational enterprises. As a proven business leader, Mr. Tsu Ti Liu inspires and motivates teams with unwavering passion and commitment, nurturing a culture of ownership and pride in business endeavors. His reputation as a trusted partner extends to joint venture collaborations and key account management.

With a Bachelor of Science in Chemical Engineering and a Master of Management, Mr. Tsu Ti Liu currently serves as Vice President within the Synthetic Rubber Division at TSRC Corporation. In this pivotal role, he is entrusted with optimizing the division's performance and spearheading strategic developments. Furthermore, he meticulously oversees subsidiary operations, ensuring alignment with corporate governance standards and strategic directives.


Kizhakkekalam Jayapal

   Managing Director

Mr. Kizhakkekalam Jayapal is an Electrical Engineer from National Institute of Technology, Durgapur. He is employed as Chief General Manager (Projects) with Indian Oil Corporation Limited a diversified, integrated energy major with presence in all streams of Oil, Gas, Petrochemicals and Alternative energy sources and ranked 94th in the Fortune Global 500 list of companies for 2023. Mr. K Jayapal has more than 30 years of vast experience in the Refining and Petrochemical industry including Captive Power Plant operations, maintenance, and projects. He has worked at Indian Oil’s Refineries at Haldia, Mathura and Naphtha Cracker Petrochemical complex at Panipat as well as at the Refineries Headquarters. He has wide knowledge of the Petroleum & Petrochemical operations and business. He has a rich experience in planning and execution of various turnarounds in Refineries and Petrochemical plant and has contributed to improving reliability of Power & Utility systems. He also has considerable experience in project management, from conceptualization to commissioning. During his tenure as Chief General Manager (Project Planning) at Refineries Head Quarters he was instrumental in making systemic improvements in the monitoring and control of all planned projects of Refineries division involving Refinery expansions, new Petrochemical plants, Alternative energy projects worth over one lakh crore Rupees for completion within scheduled time and cost.


Parmanand Goyal

   Director

Mr. Parmanand Goyal, is an Associate Member of the Institute of Cost Accountants of India.

He is in employment with Indian Oil Corporation Ltd, a Fortune 500 company since 1990. Over the years, he has held several leadership positions at IOCL and is widely recognized in the industry for his strategic thinking, Project Management and impeccable execution.

Presently holding the position of Executive Director (Finance) of the Refinery Division.

During his tenure he has played a major role in the successful transformation of IOCL especially Pipelines Infrastructure, involving extensive work in expansion of existing pipelines network, energy optimisation, green fuel alternatives, and long-term planning.

With his unparalleled experience ranging over three decades, Mr Goyal brings with him rich and varied professional exposure in the various fields of Corporate Finance, Risk Management, Investment Management decisions and Refinery Project.

He is known for his business acumen, growth mindset & problem-solving skills.

Mr. Goyal is driven by his purpose “Good business is about being ethical, transparent and implementing values” He is a future-focussed, visionary and dynamic goal-oriented business leader.


Mewa Lal Dahriya

   Director

Mr. Mewa Lal Dahriya is a Mechanical Engineer from National Institute of Technology, Raipur. He has more than 3 decades of rich experience in Refining operation and maintenance, having worked at IndianOil’s refineries at Mathura, Haldia and Panipat as well as at the Refineries Headquarters.

Mr. Dahriya has extensive experience in execution of various turnaround of refineries, trouble shooting of rotating equipments. Before his elevation as Executive Director (Technical) Panipat Refinery & Petrochemical Complex, he was heading the M&I (Maintenance and Inspection) section of Refinery Headquarters, New Delhi where he was instrumental in streamlining of various functions of M&I section including coordination for resolving of long pending issues and restoration of equipment in refineries.

Mr. Dahriya, has also overseas experience of planning and execution of complete turnaround of refineries within shutdown schedule and expenditure. He was also instrumental in completion of Mega shutdown including major revamp of DHDS & Prime-G unit of Mathura Refinery for production of BS-VI, MS & HSD well before Govt. of India timelines.


Wang, Wen-Yuan

   Director

Mr. Wang, Wen-Yuan is a veteran in financial fields and has an extensive background in corporate finance, corporate governance, investment banking and venture capital. Prior to joining TSRC, He was the Interim CFO of HTC, a global smart phone and virtual reality brand leader, where he oversaw HTC’s financial strategy, investor relationship and commercial decisions. Prior to that, Wang, Wen-Yuan had more than 15 year experience in direct investment and investment banking. He successfully invested into more than 50 companies across Taiwan, China, Singapore and the USA, and divested with a sound return to investors. Wang, Wen-Yuan started his career as an industry analyst in investment banking field, and had helped more than eight companies from different industries successfully went for IPOs in Taiwan Stock Exchange or raised funding from capital market.

Wang, Wen-Yuan received his MBA from Tunghai University, and hold BS of Industry Engineering from Tunghai University.


Cheng Nan Lin

   Director

Thomas Lin is the director of Corporate Development Department in TSRC with global responsibility for identifying and leading the execution of strategic business development / investments and M&A opportunities for TSRC. He also has the responsibility for the functions of key project management, business processes management, CSR, and investor relations. Prior to joining TSRC, Thomas spent 10+ years at DuPont in Taiwan and USA in roles spanning technical, product development, marketing, strategic planning and business management with strong focus in the photovoltaic industry and application across multiple geographies. Thomas holds a Master’s Degree from Penn State University in Ceramics Materials and a Bachelor’s Degree from National Tsing Hua University in Materials Science. He is also Six Sigma black belt certified.