People: Oil and Natural Gas Corporation Ltd (ONGC.BO)
2 Dec 2016
Shri. Dinesh Kumar Sarraf is Executive Chairman of the Board, Managing Director of Oil And Natural Gas Corp Ltd. He is also the Chairman of ONGC Videsh Limited, Mangalore Refinery and Petrochemicals Ltd and other ONGC Group companies ONGC Petroadditions Ltd, ONGC Mangalore Petrochemicals Ltd, Mangalore SEZ Ltd and ONGC Tripura Power Company Ltd. Shri Sarraf graduated in Commerce from the prestigious Shri Ram College of Commerce, Delhi University and holds a post graduate degree in Commerce from the same University. He is an Associate member of the Institute of Cost Accountants of India and the Institute of Company Secretaries of India. He has experience of over three decades in the oil and gas industry, having started his oil and gas career in India's second largest upstream oil company – Oil India Limited and worked there till 1991 where he inculcated the experience in various facets of E&P at oil field level. He joined ONGC in 1991 and handled various key assignments at corporate of fices. He was elevated to the post of Director (Finance) in ONGC Videsh in February, 2005 where he served till December, 2007. During this period, ONGC Videsh made significant acquisitions in Syria, Brazil, Colombia, Venezuela, Cuba, Egypt and Myanmar. In December 2007, took over as Director (Finance), ONGC. In September 2011, Shri Sarraf went back to ONGC Videsh assuming the charge of its Managing Director. In March 2014, he took over as Chairman & Managing Director of ONGC. In recognition of his excellence in financial management and various other outstanding contributions, he has been conferred with several accolades including the Best CFO Award in Oil & Gas sector in India by CNBC in 2009 and 2011. He has been conferred Distinguished Fellowship 2015 by the Institute of Directors (IOD) for practicing highest standards of corporate governance while steering the boards of ONGC, a Maharatna firm and its group companies.
|Total Annual Compensation, INR||4,480,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||1,680,000|
|Fiscal Year Total, INR||6,160,000|