People: Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

403.50INR
10:16am EDT
Price Change (% chg)

Rs3.45 (+0.86%)
Prev Close
Rs400.05
Open
Rs405.00
Day's High
Rs406.00
Day's Low
Rs400.80
Volume
114,569
Avg. Vol
473,563
52-wk High
Rs472.00
52-wk Low
Rs263.30

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Summary

Name Age Since Current Position

Dinesh Sarraf

57 2014 Chairman of the Board, Managing Director

Aloke Banerjee

2012 Director - Finance, Whole-time Director

N. Sinha

2008 Compliance Officer, Company Secretary

Shashi Shanker

2012 Director - Technology & Field Services, Executive Director

Desh Misra

2014 Director - Human Resources, Director

Tapas Sengupta

2014 Director - Offshore, Director

Ashok Varma

2014 Director - Onshore, Director

Akhilesh Ambasht

2014 Chief Vigilance Officer

Narendra Verma

55 2014 Managing Director of ONGC Videsh Ltd, Director

Subhash Khuntia

2014 Government Director

U. Singh

2014 Government Director

Samir Barua

63 2011 Part-time Non Official Independent Director

Om Bhatt

63 2011 Part-time Non Official Independent Director

K. Narasimha Murthy

57 2013 Part-time Non official Independent Director

Biographies

Name Description

Dinesh Sarraf

Shri. Dinesh Kumar Sarraf is Chairman of the Board, Managing Director of Oil And Natural Gas Corp Ltd. Prior to this, Mr Sarraf was Managing Director of ONGC's overseas arm, ONGC Videsh Ltd. Credited with reviving OVL, which had gone into a slumber following the disastrous acquisition of Russia-focused Imperial Energy in 2009, Sarraf brings to ONGC a no-nonsense approach and an eye for detail. OVL, which since inception had invested $17 billion in 32 assets in 15 countries until 2011, struck deals worth over $11 billion since 2012 under Mr. Sarraf. Coming from a humble background, Mr. Sarraf took tuitions to help finance his commerce studies at the University of Delhi, it is informed. Besides holding a master's degree in commerce, he is a member of the Institute of Cost and Works Accountants of India and the Institute of Company Secretaries of India.

Aloke Banerjee

Shri. Aloke Kumar Banerjee is Director - Finance, Whole-time Director of Oil and Natural Gas Corporation Ltd., since May 22, 2012. He holds a Master's degree in Commerce from University of Calcutta. He is a Fellow Member of the Institute of Chartered Accountants of India, Associate Member of the Institute of Company Secretaries of India and Associate Member of Institute of Cost Accountants of India. He has 31 years of diversified experience to his credit and knowledge in Financial Management and Strategic Planning in upstream Oil & Gas Industry with specialization in Corporate Accounts, Corporate Budget, Cost Management, Risk Analysis & Financial Planning, Procurement & Contracts, Performance Benchmarking & Evaluation, Audit, Corporate Governance, Insurance, etc. He had introduced & implemented Financial Benchmarking Concept and Zero-base Budgeting in ONGC. Prior to becoming Director (Finance) he served as ED- Chief Corporate Finance in ONGC.

N. Sinha

Shashi Shanker

Shri. Shashi Shanker is Director - Technology & Field Services, Executive Director of Oil and Natural Gas Corporation Ltd., since December 1, 2012. He has more than 30 years of experience in Oil Industry. He holds a B Tech degree in Petroleum Engineering from Indian School of Mines, Dhanbad and MBA with specialization in Financial Management from IGNOU. He undertook Management Development programme from IIM, Lucknow and Leadership Development Programme at ISB, Hyderabad. Prior to appointment as Director (T&FS), ONGC, he was Head-Deep Water, MDT of Mumbai Region and was responsible for spearheading the deep/ultra-deep water drilling campaign of ONGC. He has wide exposure in diverse E&P activities in onshore & offshore operations and R&D activities.

Desh Misra

Shri. Desh Deepak Misra serves as Director - Human Resources, Director of Oil and Natural Gas Corporation Ltd. He holds a Master's Degree in Public Administration (MPA) from University of Lucknow. Prior to his appointment as Director (HR), ONGC he was Head Corporate Administration at ONGC Dehradun. Starting his career as Graduate Trainee, Mr. Misra has left his imprint in diverse assignments given to him in three decades with the company. Despite holding high pressure assignments, Mr. Misra has always found time to nurture his other interests, particularly his passion for wildlife photography. His maiden Coffee Table photo book "The Karjat diaries" profiling bio-diversity of Western Ghats was launched in January-2014 at Petrotech.

Tapas Sengupta

Mr. Tapas Kumar Sengupta serves as Director - Offshore, Director of Oil and Natural Gas Corporation Ltd. He holds a first-class B.Tech degree in Chemical engineering from Jadavpur University, Calcutta, and also commands a Diploma in Management from Indira Gandhi National Open University. Prior to becoming Director(Offshore), he was Chief of Well Services looking after operations, technological needs apart from manpower and material support for all Onshore and Offshore assets in respect of Well Services and Deepwater projects of Eastern Coast of India. Tapas Kumar Sengupta is one of the select club of production engineers who has a balanced exposure to both onshore and offshore oilfields operation. His onshore experience portfolio comprises of Well Services in Gujarat and Assam for 11 long years and 4 years in Sudan as part of ONGC Videsh. His 4 years overseas tenure at Sudan as a General Manager in Greater Nile Petroleum Operating Company, saw an increase of the oil production through innovative engineering interventions. Of his 18 years in Offshore fields off Mumbai, he served for 12 years in Mumbai High in Well Services, successfully handling a number of productionenhancement assignments. He was the Project Coordinator for New Technology jobs like Water Shut-Off & Gas Shut-Off in difficult wells of Mumbai high in 1992-94. Sengupta was also instrumental in improving performances of ONGC's offshore sick well inventory.

Ashok Varma

Shri. Ashok Varma serves as Director - Onshore, Director of Oil and Natural Gas Corporation Ltd. He is graduate in Petroleum Engineering from Indian School of Mines, Dhanbad. Prior to his joining as Director (Onshore), he was heading the Eastern Offshore Asset at Kakinanda, where he was instrumental in putting the Eastern Offshore Asset on production. Mr Varma joined ONGC in 1978 as Assistant Engineer at Assam. During his early years at ONGC, he was actively engaged in design and engineering of offshore platforms in western offshore. Subsequently, he served in Western Onshore at Ankleshwar where he extensively worked on water injections leading to initiation of pressure maintenance in Gandhar field. Mr. Varma steered the Imperial Energy in Russia, a subsidiary of the ONGC Videsh Limited, as the Chief Executive Officer. Mr. Varma pursued the hydrocarbon opportunities abroad as a part of senior management of ONGC Videsh Ltd between 1996 and 2006. He was instrumental in acquiring 20% participating interest in Sakhalin-1 project in Russia by ONGC Videsh in 2001. He also headed ONGC's Assam operations as Asset Manager from 2008 to 2009.

Akhilesh Ambasht

Dr. Akhilesh Kumar Ambasht serves as Chief Vigilance Officer of Oil and Natural Gas Corporation Ltd. He is an IFS officer of cadre AGMUT - 1987, has taken over as ONGC's Chief Vigilance Officer on April 1, 2014. Dr Ambasht holds a Master's degree in Botany from the Gorakhpur University and was awarded a Ph.D. in Botany (Ecology) from Banaras Hindu University. Prior to joining ONGC, Dr Ambasht has held important assignments as CVO of Delhi Jal Board, Member Secretary, Delhi Pollution Control Committee and Assessor & Collector of Municipal Corporation of Delhi. He has a wide ranging experience in various assignments of Ministry of Human Resources and various departments of Government of Goa. Dr Ambasht is also M.Sc. in Forestry and has an in-depth knowledge of forestry.

Narendra Verma

Shri. Narendra Kumar Verma is Managing Director of ONGC Videsh Ltd, a wholly owned subsidiary of ONGC and Director of the Company. He has more than 31 years of experience. He holds a Masters Degree in Applied Geology, an M. Tech degree in Petroleum Exploration and MBA in Finance. He has also completed One Year Global Manager's Program at IIM, Kolkata. Recipient of many national awards and international commendations, the crowning moment of his technical career came with the prestigious 'National Mineral Award', the highest recognition by the Government of India in the field of geosciences, mining and allied areas, that was conferred upon him for his outstanding contribution to Petroleum Exploration in Mumbai Offshore. Shri N K Verma has demonstrated remarkable competence in challenging roles in the domain of 'Exploration' and technological research, ranging from management of overseas exploration and Business Development as Director(Exploration), ONGC Videsh Limited; Management of exploration activities in Frontier Basin, Mumbai Offshore and Assam-Arakan Basin; and Head of Interpretation Group at the prestigious Geodata Processing and Interpretation Centre (GEOPIC) of ONGC.

Subhash Khuntia

Dr. Subhash C Khuntia serves as Government Director of Oil and Natural Gas Corporation Ltd. He is Additional Secretary & Financial Advisor, Ministry of Petroleum & Natural Gas, Govt of India, joined the ONGC Board as a Government Nominee Director on 1st May, 2014. Dr. Khuntia (IAS Karnataka cadre 1981) is an M.Tech in Computer Science, M.Sc. in Physics, M.A. in Economics, Sociology and Political Science and Ph.D. in Economics. Before joining Petroleum Ministry, he was Principal Secretary to the Govt. of Karnataka. Dr. Khuntia has handled various key assignments including District administration, Land revenue management, Rural Development, Urban Development, Finance and Public Works and Ports in the Karnataka State Government as well as in the Ministries of Agriculture, Railways, Finance and Human Resource Development in the Central Government.

U. Singh

Shri U. P. Singh has been appointed as Government Director of the Company with effect from October 16, 2014. He is Joint Secretary (E), MoP&NG.

Samir Barua

Professor, Shri. Samir Kumar Barua is Part-time Non Official Independent Director of Oil and Natural Gas Corporation Ltd. He Holds a Master's degree in Industrial Engineering and Operations Research and holds a Doctorate degree in Management. He joined the faculty of Indian Institute of Management, Ahmedabad in 1980. His specific areas of interest include Capital Market, International Finance, Operations Research, Decision Support System and Corporate Financial Management. He is a visiting professor to academic institutions in USA, Netherlands, Singapore & Cyprus. He has authored a number of books and case studies in Management. He is a consultant to many public and private organizations in the manufacturing, banking and financial services sectors. He has handled various assignments as advisor to Reserve Bank of India, FICCI and the Bombay and National Stock Exchanges.

Om Bhatt

Shri. Om Prakash Bhatt is Part-time Non Official Independent Director of Oil and Natural Gas Corporation Ltd since December 14, 2011. He started his career as a probationary officer with SBI in 1972. During his career span of 36 years with SBI, he has held several important assignments in India and abroad including stints at the Bank's London and Washington offices. Under the leadership of Shri Bhatt, SBI steadily improved its global ranking in the list of Fortune 500 companies. Shri Bhatt made rapid strides arresting falling market share, rapid branch expansion with the bank opening 11,000th branch under him, the first Indian bank and only the second in the world to do so, and entering a number of new businesses.

K. Narasimha Murthy

Shri. K. Narasimha Murthy has been Part-time Non official Independent Director of Oil & Natural Gas Corporation Ltd., since March 21, 2013. He has a brilliant academic record, getting ranks in both CA & ICWA courses. He entered the Profession of Cost & Management Accountancy in 1983. He is associated with the development of Cost & Management Information Systems for more than 150 Companies covering more than 45 Industries. In addition, he is closely associated with turning around of many large Corporates, focusing on systems improvement with Cost Reduction approach. He is closely involved with several National level Financial Institutions and is on the Board of various companies.

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