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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 (Finance)

Rajeev Ailawadi

Mr.Rajeev Ailawadi aged 58, is a Chartered Accountant and has done his IMBA (One year MBA course conducted by IIPM in association with University of Slovenia). He is a Senior finance professional with 30 years of experience in Downstream Oil & Gas, Petrochemical businesses. He was appointed on the Board of CPCL on 08.05.2018.


Mr.S.Krishnan was appointed as Director (Operations) effective 01.03.2020. He holds a Bachelors Degree in Electrical & Electronics from Alagappa Chettiar College of Engineering, Karaikudi. He has more than three decades of experience in CPCL and has held various positions in the fields of Projects, Maintenance, Operations etc.,


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.
Nominee Director, Indian Oil Corporation Limited

Sukla Mistry

Smt.Sukla Mistry is a Metallurgical Engineer having more than 35 years’ experience in various disciplines of Refineries. She has worked in various refineries like Haldia, Barauni, Panipat, Digboi and in Refinery Head Quarter. She has already headed Digboi Refinery and now heading Barauni Refinery.

As Unit head of Barauni Refinery, she was instrumental in improvising the working environment. She has also successfully rolled out BS-VI grades fuels well within time and ethanol blended MS. She has got extensive experience of working in Project execution. Under her leadership, many brown field and green field projects valuing upto Rs 15000 Crore have been executed.

Deputy Secretary (OMC), 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 Deputy Secretary (OMC), Ministry of Petroleum and Natural Gas, Government 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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