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Board of Directors

Visionaries leading from the front
Non-Executive Chairman

Shrikant Madhav Vaidya

Mr. Shrikant Madhav Vaidya is a Chemical Engineer from the National Institute of Technology, Rourkela. He has over 34 years of extensive experience in refining & petrochemical operations. He has had a decade-long association with India's largest cracker plant – the Panipat Naphtha Cracker Complex, a major driver of IndianOil's petrochemicals business – right from the drawing board stage. He is among the select technocrats in the Indian oil & gas industry who are proficient in all facets of refinery-petrochemicals integration, desirable for the sustainability of the oil & gas industry in the long-term.

Mr. Vaidya is also a Non-Executive Chairman on the Board of Chennai Petroleum Corporation Ltd. (a Subsidiary of IndianOil), Ratnagiri Refinery & Petrochemicals Ltd. and Indian Oiltanking Ltd. (both Joint Venture Companies). He is also a Non-Executive Director on the Board of Petronet LNG Ltd. (a Joint Venture of IndianOil).

Managing Director

Arvind Kumar

Mr.Arvind Kumar holds a Bachelor's Degree in Mechanical Engineering and Master's Degree in Business Administration with specialization in Operations Management. He has got more than 3 decades of experience in the areas of Engineering, Project Management, Material & Contract Management and in Plant Operations & Maintenance.
Director - Technical

H. Shankar

Shri.H.Shankar holds a Bachelor's Degree in Mechanical Engineering from Osmania University, Hyderabad. He also holds a Masters Degree in Business Administration in General Management from Maharaja Sayajirao University. He has nearly 3 decades of experience in the areas of Engineering, Maintenance, Project Construction, Project Management, Materials & Contracts Management and in depth knowledge in Health, Safety and Environment.
Director - Finance

Rohit Kumar Agrawala

Mr.Rohit Kumar Agrawala has been appointed as Director (Finance), Chennai Petroleum Corporation Limited (CPCL) vide letter No.CA-31019/1/2021-PNG dated 01.02.2023 from the Ministry of Petroleum and Natural Gas, Government of India. He assumed charge as Director (Finance) on 01.03.2023.
Mr.Rohit Kumar Agrawala (49) is a Chartered Accountant and holds a Masters Degree in Business Administration (Gold Medalist) from Xavier Institute of Management, Bhubaneswar. He started his career in Indian Oil Corporation in 1997 and has a multi-unit experience having worked in Refineries of IOCL in Guwahati, Paradip, Vadodara and Mathura. He has more than ten years of experience in Corporate Finance. He was Team Lead for multiple Change Management assignments in IOCL. Prior to joining CPCL, he was Chief General Manager (Finance), Business Development Division, IOCL Corporate Office, New Delhi.
Director - Operations

P. Kannan

Mr.P.Kannan has been appointed as Director (Operations) of Chennai Petroleum Corporation Limited (CPCL) effective 01.08.2023.

Mr.P.Kannan is a B. Tech (Chemical Engineering) Graduate from Alagappa College of Technology, Anna University, Chennai. He has been with CPCL for more than 34 years and has headed Operations in both Manali and Nagapattinam Refineries and has held various positions in Manufacturing, Process Engineering etc, prior to his appointment as Director(Operations).

During his tenure in Operations and Process Engineering, the major projects handled include Ref.III expansion, revamp of DHDS/DHDT/OHUC/HGU units, BIS IV and BIS VI units and fuel substitution with RLNG.

He has executed various Process & Margin improvement schemes, Energy Conservation & water conservation measures, production of value added products like MTO, JP7 etc., reduction of Operating Costs, improvement of plant reliability and availability to ensure safe refinery operations.

Nominee Director, Indian Oil Corporation Limited

Subhajit Sarkar

Shri. Subhajit Sarkar is an Engineering Graduate from BIT Sindri and Post Graduate Diploma in Business Management (PGDBM) from MDI, Gurugram.
He had joined IOCL at Haldia Refinery in February 1993 and worked in Production Department for 16 years in Haldia and Panipat Refinery as Shift Incharge and Plant Manager. He had worked for 10 years in Gujarat Refinery in various capacities, which included Technical and Technical Services and was responsible for Process Monitoring, Planning and Coordination, Energy Conservations (ENCON), Process-Project, Operations & Maintenance and Health, Safety & Environment (HSE).
Presently he is Executive Director (operations) at IOCL, Refinery Head Quarter since February 2022, looking after the operations of the 9 Refineries of IOCL and Panipat Naphtha Cracker Complex.
Director(Marketing), MoP&NG,Nominee Director, GoI

Deepak Srivastava

Mr. Deepak Srivastava born on 30.06.1981 was appointed as a Director on the Board of CPCL with effect from 10.08.2021. He holds a Bachelor’s Degree in Technology and belongs to the 2008 batch of Indian Ordnance Factories Service (IOFS). Presently, he is Director(Marketing), Ministry of Petroleum and Natural Gas, Government of India
Deputy Secretary, MoP&NG, Nominee Director, GoI

Inder Jeet

Mr. Inder Jeet, Deputy Secretary, Ministry of Petroleum and Natural Gas, Government of India, started his career as Central Secretariat Service (CSS) Cadre Officer in the Ministry of Defence and prior to that, he was Registrar of Atal Bihari Vajpayee, Institute of Medical Sciences and Dr.Ram Manohar Lohia Hospital, New Delhi. Apart from this, he also helds various positions in other departments viz. Ministry of Textiles, Delhi Electricity Regulatory Commission, National Commission for Minorities, Union Public Services Commission and National Highways Authority of India.
Nominee Director - Naftiran Intertrade Co. Ltd.

Babak Bagherpour

Mr.Babak Bagherpour aged 44, holds a Bachelor’s Degree in Mining Engineering (Exploration) from Tehran Polytechnic University and a Master’s Degree in Reservoir Evaluation and Management from Heriot-Watt University, United Kingdom. He is presently the Manager of Project and Asset Department of Naftiran Intertrade Company Limited, Tehran, Iran. He has nearly two decades of experience in Oil and Gas Industry. He was appointed on the Board of CPCL on 27.03.2019.
Nominee Director - Naftiran Intertrade Co. Ltd.


Mr. Mohammad Bagher Dakhili aged 67, holds a Master’s Degree in Science from the University of Leeds, United Kingdom. He has 4 decades of experience in Oil & Gas Industry. He was appointed on the Board of CPCL on 23.01.2017.
Independent Director

Ravi Kumar Rungta

Shri.Ravi Kumar Rungta holds a Bachelor’s Degree in Commerce from Calcutta University. He has more than 25 years of experience in Construction Industry. Presently he is the Director of M/s.Ravi Realcons Pvt. Ltd.
Independent Director

Dr. C. K. Shivanna

Dr.C.K.Shivanna holds a Post Graduate Degree in Medicine from Manipal Academy of Higher Education. He is the owner of Shiva Health Care.
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