OIL & GAS

Subhash Kumar takes over as acting chairman of ONGC

Subhash Kumar, director (finance) of flagship explorer Oil and Natural Gas Corporation, on Thursday assumed additional charge of the company’s CMD upon the retirement of incumbent Shashi Shanker.

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 Petronet LNG.

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.

During his tenure with ONGC Videsh, Kumar was associated with key acquisitions and expansion of the company’s footprint. He played a key role in the evaluation and acquisition of many overseas assets.

He had worked as head business development, finance and budget and also as head treasury planning and Portfolio Management Group at ONGC Videsh from April 2010 to March 2015.

Source
Times Of India
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