NEW DELHI: Rajarshi Gupta has taken over as managing director of ONGC Videsh Restricted (OVL), efficient 19 July.
In an announcement, the ONGC subsidiary mentioned Gupta was beneficial for the place by public enterprise choice board (PESB).
Gupta has greater than 33 years of wide-ranging expertise in supervisory, managerial and strategic planning capacities in home and worldwide operations of ONGC and ONGC Videsh.
“He has a eager enterprise sense of the oil & gasoline trade, business and monetary acumen, with mergers & acquisitions, strategic planning, and man administration as his core strengths. Throughout his skilled profession, he has labored within the domains of provide chain administration, enterprise growth, venture administration, planning & technique, company communications, human sources administration and basic administration,” mentioned the assertion.
A mechanical engineer from NIT Rourkela, Gupta can also be a gold medalist in MBA (Worldwide Enterprise) from the Indian Institute of Overseas Commerce.
Previous to his appointment as MD, ONGC Videsh, he was the chief director, chief of company technique & planning at ONGC, the place he was answerable for formulating quick, medium, and long-term methods of the corporate and supply a framework to the highest administration on growing situations within the sector.
He was additionally answerable for administration and networking with key stakeholders just like the ministry of petroleum and pure gasoline, division of directorate basic of hydrocarbons, division of public enterprises, Niti Aayog amongst others. He spearheaded the rollout and implementation of the 15 transformational initiatives formulated below the ONGC Power Technique 2040.
He spent 13 years in ONGC Videsh throughout 2006-2019, working throughout the globe in numerous geographical and financial regimes, in enterprise growth, merger & acquisitions, and venture administration of exploration & growth tasks.
As nation supervisor and president of ONGC Videsh’s US subsidiary, he had arrange the Geological & Geophysical Centre of Excellence in Houston. He was additionally instrumental in framing the worldwide enterprise imaginative and prescient in ONGC’s long-term imaginative and prescient doc, the Perspective Plan 2030.
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Supply: Live Mint