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Re: New Chairman of IOCL
Indian Oil Corporation (IndianOil) is India’s Largest Commercial Enterprise and is the highest ranked Indian company in the Fortune Global 500 listing, at the 119th position in 2013. It is also the 18th largest petroleum company in the world and the No. 1 petroleum trading company among the national oil companies in the Asia-Pacific region. Mr. B. Ashok is Chairman of IOCL OR Indian Oil Corporation Ltd. Concurrently, he is also the Chairman of refining subsidiary Chennai Petroleum Corporation Ltd. and IOT Infrastructure & Energy Services Ltd., IndianOil’s joint venture with Oiltanking GmbH of Germany. Mr. Ashok believes in financial prudence, operational excellence and continuous investment in people as the key to sustainability and profitability of business. Under his leadership, IndianOil earned its highest ever profit of Rs. 10,399 crore (USD 1.59 billion) for the year 2015-16. Board of Directors Shri B. Ashok Chairman Shri Sanjiv Singh Director (Refineries) Shri A. K. Sharma Director (Finance) Shri Verghese Cherian Director (Human Resources) Shri Anish Aggarwal Director (Pipelines) Shri B. S. Canth Director (Marketing) Shri G K Satish Director (Planning & Business Development) Shri Ajay P. Sawhney Government Nominee Director Shri Ashutosh Jindal Government Nominee Director Shri Subroto Bagchi Independent Director Shri Sanjay Kapoor Independent Director Shri Parindu Bhagat Independent Director Ms. C. K. Deshmukh CVO Shri B. K. Ravi Advisor (Security) Shri Raju Ranganathan Company Secretary Contact Detail: IndianOil Bhavan G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai -400 051 Phone No : +91-22-26447000 / 26447222 |
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