亚博体育官网首页

ONGC appoints Subhash Kumar as acting chairman
OIL & GAS

ONGC appoints Subhash Kumar as acting chairman

Oil and Natural Gas Corporation's (ONGC) Director (Finance) Subhash Kumar has assumed additional charge as Chairman and Managing Director of the company.

An order on the matter was issued by the Ministry of Petroleum and Natural Gas on 30 March 2021.

Kumar has over 36 years of experience across the exploration and production value chain. He first joined ONGC in 1985 and has had stints in ONGC Videsh, the overseas acquisition arm and India's largest LNG importer.

A fellow member of the Institute of Cost Accountants of India and Associate Member of ICSI, Kumar is a gold medalist of Panjab University, Chandigarh. He did his bachelor's and master's degrees in commerce.

ONGC told the media that Kumar has worked as Head of Business Development, Finance and Budget and also as Head Treasury Planning and Portfolio Management Group at ONGC Videsh between April 2010 to March 2015.

He was also the Chief Financial Officer of Mansarovar Energy Colombia Limited, a 50-50 joint venture of ONGC Videsh and Sinopec of China, between September 2006 to March 2010.

Kumar had joined ONGC back as the Chief Commercial and Head Treasury in July 2016. He also served briefly with Petronet LNG Limited as its Director (Finance) in 2017.

He is a fellow member of the Institute of Cost Accountants of India and an associate member of ICSI.


Oil and Natural Gas Corporation's (ONGC) Director (Finance) Subhash Kumar has assumed additional charge as Chairman and Managing Director of the company. An order on the matter was issued by the Ministry of Petroleum and Natural Gas on 30 March 2021. Kumar has over 36 years of experience across the exploration and production value chain. He first joined ONGC in 1985 and has had stints in ONGC Videsh, the overseas acquisition arm and India's largest LNG importer. A fellow member of the Institute of Cost Accountants of India and Associate Member of ICSI, Kumar is a gold medalist of Panjab University, Chandigarh. He did his bachelor's and master's degrees in commerce. ONGC told the media that Kumar has worked as Head of Business Development, Finance and Budget and also as Head Treasury Planning and Portfolio Management Group at ONGC Videsh between April 2010 to March 2015. He was also the Chief Financial Officer of Mansarovar Energy Colombia Limited, a 50-50 joint venture of ONGC Videsh and Sinopec of China, between September 2006 to March 2010. Kumar had joined ONGC back as the Chief Commercial and Head Treasury in July 2016. He also served briefly with Petronet LNG Limited as its Director (Finance) in 2017. He is a fellow member of the Institute of Cost Accountants of India and an associate member of ICSI. Image Source

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement