Board of Directors
The Company is managed by the Board of Directors, which formulates strategies, policies and reviews its performance periodically. The Chairman & Managing Director (CMD) and Six Whole-Time Directors viz. Director (Onshore), Director (Technology & Field Services), Director (Finance),Director (Offshore), Director (Exploration) and Director (Human Resource), manage the business of the Company under the overall supervision, control and guidance of the Board.
CMD and Functional Directors
Shashi Shanker Chairman & Managing Director
Mr Shashi Shanker has taken over charge as ONGC CMD from 1 October 2017, taking over the reins of ONGC from Mr Dinesh K Sarraf, who superannuated from service on 30.09.2017.
Mr Shanker is an industry veteran with over 30 years of experience in diverse E&P activities. He is a Petroleum Engineer from Indian School of Mines (ISM), Dhanbad. He also holds an MBA degree with specialisation in Finance. He has also received executive education from prestigious Indian Institute of Management, Lucknow and Indian School of Business, Hyderabad.
Prior to his appointment as Director (T&FS) in 2012, he has progressed through senior management roles in various work-centers including Institute of Drilling Technology, Dehradun; West Bengal Project; Assam Project and Deep Water group at Mumbai. He was acclaimed for his performance in spearheading the deep/ultra-deep water campaign of ONGC which was christened 'Sagar Samriddhhi'.
Under his leadership, ONGC drilled the deepest deep-water well covering a water depth of 3174m, a world record. He also led the team to one of the finest Drilling performance in FY'17 when ONGC set a new record of drilling over 500 wells in 2016-17. This is the first time in 23 years that ONGC has crossed the 500-well mark.
Under his guidance, the Company has led the delivery of cutting-edge IT solutions that drive growth, streamline performance and promote efficiency. He has provided much needed support for effective use of ERP and SCADA platform for real time information. During his tenure, ONGC has conceptualized an ambitious companywide project called "DISHA" for creation of a paperless office platform, the implementation of which is now underway.
Shri Shanker is also the Director (In-charge) for ONGC Tripura Power Company (OTPC) and North East Transmission Company Ltd (NETC) besides being on the Board of ONGC Videsh. He is also the Director (In-charge) and Member of the High Powered Steering Committee for Government's flagship initiative 'Make-in-India'. His vision and dynamic attributes have helped in making numerous operational and policy initiatives and steering the company through many milestones.
Ajay Kumar Dwivedi Director (Exploration)
Mr. Ajay Kumar Dwivedi has taken over the reins as the Director (Exploration) in the Maharatna Board of India’s flagship explorer ONGC. A post-graduate from Kanpur University, Mr. Dwivedi has a distinguished career of more than 34 years in ONGC, holding key exploration-related assignments at different work centers starting from Mumbai, moving to Dehradun in North, to Chennai in South, then Jorhat in the east, Vadodara in the west and as Basin Manager MBA Basin, Kolkata, before finally taking over Western Offshore as Basin Manager.
Mr. Dwivedi has managed ONGC’s prime exploration portfolios in Western Offshore –Kutch-Saurashtra, Mumbai Offshore and Kerala-Konkan Basin. Under his leadership, Western Offshore Basin has achieved 109 MMt of Oil plus Oil Equivalent Gas including 4 discoveries and won the coveted CMD’s trophy for Best Basin. Prior to this, Mr. Dwivedi as Basin Manager, Mahanadi, Bengal & Andaman Basin managed the exploration performance of all the three basins. During his stint as Block Manager – Mehsana-Patan-Rajasthan Blocks of Cambay Basin, initiated integrated analysis of geo-scientific data leading to accretion of reserves resulting in two discoveries from the blocks. As a Block Manager of North & South Assam Shelf Blocks at Assam-Assam Arakan Basin, he diligently managed exploration performance of six onland acreages covering the oil prolific fields leading to two discoveries. Mr. Dwivedi managed performance of six offshore blocks and two onland blocks of Cauvery Basin leading to one onland discovery. Mr. Dwivedi has played pivotal roles in the Management Committees of various NELP blocks.
His keen analytical acumen coupled with a people-centric approach has been his forte. His strength has been to encourage Multi-Disciplinary team working in various capacities across the organization. As a core team member of joint project team on organizational change program, Mr. Dwivedi was involved with redesign of structure, systems and business processes aligned to Asset based model and their implementation in two pilot projects. As a member of the task force formed by Director (Exploration), he was entrusted with the responsibility of formulating long term strategy of exploration for ONGC with the aim of doubling the reserve accretion by year 2020.
With his rich academic lineage, Mr. Dwivedi has authored a number of technical papers. The noteworthy ones are ‘Acoustic impedance as a lithological and hydrocarbon indicator – A case study from Cauvery basin’ published in Leading Edge, July 2006 issue; he co-authored papers on ‘Sequence stratigraphy and systems tract analysis of Eocene and Miocene sediments in Kutch Offshore, India’ and ‘Hydrocarbon Prospectivity Perception of West Andaman area over the Ninety East ridge and Andaman back arc basin’. He has contributed as member of task force on “Standardization of Lithostratigraphy of Bombay Offshore Basin”. Mr. Dwivedi was Head of the steering committee for project on sequence-stratigraphy and petroleum systems in all the sedimentary basins of India in association with Dr. Octavian Cataneanu, an expert in sequence stratigraphy.
A strong believer in continuous development, Mr. Dwivedi has undergone various development programs, including those at Indian School of Business, Hyderabad and University of Alberta School of Business, Alberta, Canada. He is affiliated to SPG - India, AEG – India and SPE and presently holds the office of President, SPG-India.
Mr. Dwivedi joins the Board of ONGC at a crucial juncture when the business environment is not only challenging but also demanding in respect of exploration.
Subhash Kumar Director (Finance)
Mr Subhash Kumar has taken charge as Director (Finance), ONGC on 31 January 2018. Mr Kumar was recommended to the position by Public Enterprise Selection Board (PESB) on 26 October 2017 and has been appointed to the post by the President of India.
Prior to joining as Director (Finance), ONGC, Mr Kumar served a brief stint with Petronet LNG Limited where he joined as Director (Finance) in August 2017.
Mr Kumar is Fellow Member of ICMAI and also Associate Member of ICSI. He is an alumni of Panjab University, Chandigarh, where he obtained his Bachelors degree and Masters degree in Commerce with Gold Medal.
Mr Kumar joined ONGC in 1985 as Finance & Accounts Officer (F&AO). After initially working in Jammu and Dehradun, he had a long stint at ONGC Videsh, the overseas arm of ONGC. During his tenure with ONGC Videsh, Mr Kumar was associated with key acquisitions and expansion of company's footprint from single asset company in 2001 into a company with global presence in 17 countries with 37 assets. He played a key role in evaluation and acquisition of many Assets abroad by ONGC Videsh.
He worked as Head Business Development, Finance & Budget and also as Head Treasury Planning & Portfolio Management Group at ONGC Videsh from April 2010 to March 2015. He then went on to serve as Chief Financial Officer of Mansarovar Energy Colombia Limited, a 50:50 joint venture of ONGC Videsh and Sinopec of China, from September 2006 to March 2010.
Mr Kumar joined back ONGC as Chief Commercial & Head Treasury of ONGC in July, 2016 where he played a key role in evaluation, negotiation, and concluding outstanding issues pertaining to the organization.
Rajesh Kakkar Director (Offshore)
Mr Rajesh Kakkar has taken over charge of Director (Offshore) of Oil and Natural Gas Corporation (ONGC) on 19 February 2018. As Director (Offshore), he will look after oil and gas production from ONGC’s offshore fields that contribute 70% and 78% of ONGC’s domestic crude oil and gas production respectively.
Mr Kakkar has more than three and a half decades of experience in the various aspects of operations and management in both offshore and onshore fields. He played a key role in reversing the production trend at Western Offshore in 2015. He has been pioneer of “field-life-cycle maximization” to enhance production from the ageing fields. Through many brownfield as well as marginal field development, he has ensured incremental production of oil and gas.
He has held key positions in various high-level committees and task forces concerning oil & gas development projects and played a pivotal role in ensuring health safety and environment as far as the offshore operations are concerned.
Mr Kakkar is also well-known for his people management and interpersonal skills to foster team approach to the operations. He holds a Bachelors degree in Mechanical Engineering with Honors from Ravi Shankar University, Raipur. He completed Global Managers’ program at IIM, Kolkata and Leadership Development Program at IIM, Bangaluru. He was recognized as the “Young Executive of the Year” in 1991 and also received Chairman’s award in 1992 for “Consistent Performance in Offshore Production Operations”.
Sanjay Kumar Moitra Director (Onshore)
Mr Sanjay Kumar Moitra has taken over charge of Director (Onshore) of Oil and Natural Gas Corporation (ONGC) today. As Director (Onshore), he will look after oil and gas production from ONGC’s onshore fields.
With over 35 years of experience in oil & gas production activities at various Indian basins, Mr Moitra has conceptualised many out-of-box ideas for efficient resource management leading to implementation of a large number of complex and high-value projects in India's oil & gas industry.
Before assuming charge as Director (Onshore), Mr Moitra headed the Bassein & Satellite (B&S) Asset in Western Offshore, Mumbai - the highest gas-producing and second highest oil producing Asset of ONGC and the country - since 2013. The B&S Asset caters to about 30% of total gas production of the country.
Earlier he has also handled critical senior management roles including Head Well Services-Offshore & Chief Offshore Technology & Projects [2012-13], Surface Area Manager - Mumbai High (North) [2010-12], In-charge Facility Engineering Group - Western Offshore [2008-10], Head- Production Planning, Monitoring & Analysis Group of all Offshore Assets and Plants of Mumbai Region of ONGC [2004-08].
He has headed various high-level committees and task forces to oversee critical projects related to oil and gas production, facility renewal, operational issues and technology initiatives.
A thorough technocrat, Mr Moitra has authored many scientific papers relevant to the oil and gas industry. He authored & presented a paper on “Integrated Asset Model of Mumbai High Field” at Offshore Technology Conference (OTC-2007), Houston, USA and also co-authored a paper on “Implementation of Integrated Network Optimization Model for the Mumbai High Field—Crucial to Field-Wide Optimization” at Offshore Europe-2009 at Aberdeen, UK.
Mr Moitra joined ONGC in the year 1982. He holds a BE in Mechanical Engineering from Jabalpur University, India and has also completed an Advance Management Course from Cambridge University, UK in 2011.
Oil and Natural Gas Corporation Ltd
Navin Chandra Pandey Director (T&FS)
Mr. Navin Chandra Pandey has assumed the charge of Director – Technical and Field Services (T&FS) of Oil and Natural Gas Corporation Ltd (ONGC) on 29 October 2018. Mr. Pandey is a Mechanical Engineering graduate from Motilal Nehru Regional Engineering College, Allahabad (NIT, Allahabad).
Mr. Pandey joined ONGC in 1982. He has a vast experience of over 36 years in the oil and gas industry. He held various key positions in both offshore and onshore portfolio, handling challenging assignments in oil and gas asset management, operations and services. With his excellent project execution skills, Mr. Pandey has a strong track record in project delivery.
He has a rich experience in offshore deep-waters and shallow waters as well as onshore drilling. As Operations Manager of deep-water areas, he brought about significant performance improvements in deep-water drilling operations. He is credited with successful management of floater drilling rigs Sagar Bhushan and Sagar Vijay. He was conferred CMD’s ‘Manager of the Year’ award in 2007.
As Asset Manager of CBM Asset Bokaro, he catalyzed a turnaround in the Asset operations by fast-tracking development activities in major CBM blocks including land acquisition and synergizing resource mobilization.
Amar Nath Government Nominee (Joint Secretary - Exploration)
Mr. Amar Nath, Joint Secretary (Exploration) Ministry of Petroleum & Natural Gas is the Govt. nominee Director and joined the board on 28 June 2016.
Mr. Amar Nath, an IAS Officer (1994 AGMUT Cadre) is a Bachelor of Science (Mechanical Engineering) from National Institute of Technology, Kurukshetra, Kurukshetra University and MA (International Development Policy) from Duke University, USA. Shri Amar Nath was Secretary to the Department of Health, Government of National Capital Territory of Delhi prior to the present assignment. He has held the positions of Administrator of Union Territory of Lakshadweep, Chief Executive Officer of Delhi Urban Shelter Improvement Board, and Chief Executive Officer of Chandigarh Housing Board in Chandigarh.
He has extensive experience of working in various Departments of Government at senior management positions such as Finance, Economic Planning, Tourism and Industrial Development in the states of Arunachal Pradesh, Pondicherry, Chandigarh and Delhi. Before joining IAS in 1994 he worked with State Bank of India and Steel Authority of India.
Rajiv Bansal Government Nominee (Additional Secretary & Financial Adviser)
Shri Rajiv Bansal, IAS is Additional Secretary & Financial Adviser,Ministry of Petroleum and Natural Gas, Government of India.
He was earlier in Ministry of Electronics and Information Technology (MeitY) where he was looking after Digital Payments, IT Act, Aadhaar, and Internet Governance. During his career spanning almost 30 years, Shri Bansal has worked as Secretary, Central Electricity Regulatory Commission (CERC), Joint Secretary, Department of Heavy Industries, Government of India and Director, Ministry of Civil Aviation, Government of India. He has earlier been on the Board BHEL, NACIL, AYCL, Alliance Air, HMT and GITA. He has also held important assignments in the State Government.
He is a Civil Engineer by profession having graduated from IIT, Delhi in 1986 and has a Diploma in Finance from ICFAI, Hyderabad and an Executive Masters in International Business from IIFT, New Delhi.
Ajai Malhotra Independent Director
Ajai Malhotra holds an M.A. in Economics from The Delhi School of Economics, University of Delhi. He joined the Indian Foreign Service (IFS) in 1977 and besides assignments at the Ministry of External Affairs, New Delhi, worked at Indian diplomatic missions in Bucharest, Geneva, Kuwait, Moscow, Nairobi, New York and Washington DC.
He was Minister (Commerce) at the Embassy of India, Washington DC (1999-2003), serving simultaneously from 2002-2003 as Chairman of the International Cotton Advisory Committee. He was Ambassador of India to Romania, concurrently accredited to Albania and Moldova (2003-2005), Ambassador and Deputy Permanent Representative of India to the United Nations, New York (2005-2009), Ambassador of India to Kuwait (2009-2011), and Ambassador of India to the Russian Federation (2011-2013), before retiring from the IFS on November 30, 2013, after nearly 37 years of distinguished service.
His wide ranging experience includes being on the Indian team negotiating issues such as biological diversity, climate change, desertification, education, energy, forestry, health, human rights, human settlements, intellectual property rights, international law, labour, ozone depletion, sustainable development and international trade. In 2004, he was awarded an Honorary Doctorate by Western University of Arad, Romania, in recognition of his work in support of environment and development.
He is presently a Distinguished Fellow at The Energy and Resources Institute (TERI), New Delhi, besides being Chairman and Managing Trustee of two organisations serving the underprivileged - CHIKITSA and SHIKSHA - as well as Chairman, Nehru Trust for the Indian Collections at the Victoria & Albert Museum, and Chairman, NAB Centre for Blind Women & Disability Studies. He frequently contributes to seminars on economic, environmental, defence, political, trade and security issues.
K M Padmanabhan Independent Director
K.M. PADMANABHAN, Chartered Accountant in practice for more than 27 years and is the Senior Partner of SRINIVAS and PADMANABHAN, Chartered Accountants, Chennai.
As a practicing Chartered Accountant, he has created Internal Control Systems, processes and procedure besides rendering business consultancy for a very big South based educational institution spread into engineering, medical and also into hospitals.
He has been a regular Visiting Faculty in the area of Finance and Accounting at Indian Institute of Management (Indore), Indian Institute of Management (Raipur), Institute for Financial Management and Research (IFMR), RBI Staff Training College, Tamilnadu Judicial Academy, The Institute of Chartered Accountants of India (ICAI). He has been trained in Case Method Teaching at Harvard Business School, Boston, USA and at Harvard Business School Center, Shanghai, China.
He is the founder member of Prerana Helpline Foundation (NGO) that caters for the need of visually challenged people.
He was able to eliminate wastes and non- value added expenditure through Business Process Reengineering and Kaizen cost Reduction Methods for various business units in the SME sector in the last 10 years of business consulting
As a person trained in the pedagogy of Case Method Teaching at Indian Institute of Management, Ahmedabad and at Harvard business School, Boston, USA, he had trained thousands of non-finance executives in Finance, costing, and kaizen cost Reduction with strategic orientation.
He is also a Managing committee member of Madras Management Association one of most acclaimed management associations in India.
Shireesh B Kedare Independent Director
Prof. Shireesh B. Kedare has obtained his B.Tech. in Mechanical Engineering from IIT Bombay in 1985. He also obtained his Ph.D. in 1992 from IIT Bombay in “Reciprocating Wind Machine”. He spent three years (1992-95) as a volunteer in social sector working on different issues related to ‘Development’. He started his engineering consultancy in energy and environment in 1995. He worked as a Technical Consultant (1998-2001) to the Chairman, Khadi and Village Industries Commission when he worked on the issues related to Development of Rural Industries Clusters. He is presently associated with IIT Bombay as a Professor.
He joined Department of Energy Science and Engineering, IIT Bombay as an adjunct faculty and simultaneously Clique Developments Ltd., an engineering Company in Mumbai as its Director (R&D). Based on his studies on different renewable energy systems, he identified a need for developing concentrating solar thermal collectors for industrial process heat applications way back in 1997. He acted as a Principal Investigator (2004 to 2007) under IIT Bombay-Clique R & D project of ARUN 160 (160 sq.m Fresnel Paraboloid Solar Concentrator for industrial process heat) sponsored by MNRE (Ministry of New and Renewable Energy), New Delhi. He has also worked on integration of solar concentrator technology for a variety of industrial processes as well as commercial applications using steam, pressurized water or thermic fluid as media and for steam augmentation in thermal power plants.
Along with optimization of Solar Industrial Process Heat Systems with and without storage, his focus is on development of solar thermal power plant with storage working for 24 h/d suitable for Indian conditions. He is also associated with Centre for Technology Alternatives for Rural Areas (CTARA), IIT Bombay and is working on rural energy and other technologies. He is presently focusing on problem assessment and development and dissemination of small and affordable implements for performance improvement for traditional wood fired cook-stoves (Chulha) used in different regions of the country.
Deepak Sethi Independent Director
Deepak Sethi is a Commerce Graduate and a Fellow member of the Institute of Chartered Accountants of India, having rich experience of 32 years practice in conducting Statutory, Tax and Internal Audits of Companies, Partnership Firms, Proprietary concerns, Schools, Universities, Hospitals, Trusts etc.
He has a vast practice of Direct & Indirect Taxation and has appeared before Appellate Tribunals of Service Tax, Sales Tax, Income Tax etc. He also possesses experience of Statutory audit, inspection and revenue audits of Public Sector Banks, loss assessment for insurance Companies, Bank Financing for Manufacturing Trading & Services providers, Financial advisory & consulting work for Corporate and HNIs.
Sumit Bose Independent Director
Sumit Bose is presently Vice Chairman, National Institute of Public Finance and Policy (NIPFP). He was the Union Finance Secretary & Revenue Secretary in the Ministry of Finance, Government of India till his retirement in March, 2014. Thereafter, he was a Member of the Expenditure Management Commission.
Educated at the Doon School, Dehradun (class of 1970), St. Stephen’s College, Delhi and the London School of Economics, he joined the Indian Administrative Service in 1976.
In the Ministry of Finance, Government of India he was also Secretary, Department of Expenditure from May, 2011 to August, 2012 and Secretary, Department of Disinvestment from February, 2010 to May, 2011. He was Secretary in the Thirteenth Finance Commission, from August 2007 to January 2010. Earlier, between 2004 and 2007, he was the Principal Secretary, Finance in the Government of Madhya Pradesh. As Joint Secretary in the Ministry of Human Resource Development, Government of India, between 1998 and 2003 he undertook the task of launching the Sarva Shiksha Abhiyan. He had also served as Secretary, School Education in Madhya Pradesh between 1994 and 1996.
Vivek Mallya Independent Director
Vivek Mallya is a Fellow member of the Institute of Chartered Accountants of India, Certified Public Accountant (USA) and a Master’s Degree Holder in Commerce from Mysore University. He has a rich experience of practice as a Chartered Accountant. His practice areas include International Taxation, Income tax, Foreign Exchange Management Act and Banking matters.
He also holds the position of Honorary President of a leading NGO in Bangalore.
He regularly appears on popular Kannada News channels on Economic and Financial Matters and is a regular speaker at ICAI. He has also spoken at various International forums on Indian Tax and Economic matters.
Travelled extensively, he also advises clients on cross-border structuring, Acquisition and Overseas direct investment matters and represents his clients before Enforcement Directorate, RBI, Income-tax Appellate and Assessment matters.
Prior to Practising on his own, he was a Partner with PWC, a Big 4 Accounting Firm and AVP Finance with Thomson Reuters. As a part of PWC, he specialized in Aerospace and Defense matters as well. He handled significantly large assignments including dual-listed mergers, cross border acquisitions and restructuring, delisting and Asset Reconstruction.
Dr Santrupt Misra Independent Director
Dr Santrupt Misra holds Masters in Political Science from Utkal University and Personnel Management from Tata Institute of Social Sciences, he also possesses Doctorates in Public Administration from the Utkal University as well as in Industrial Relations from Aston Business School, United Kingdom.
He has over 28 years of professional experience in global business, research and organizational development. He is associated with Aditya Birla Group since 1996. Prior to joining Aditya Birla Group, he had also worked at the J.K Group, the Tata Institute of Social Sciences and Hindustan Lever, India.
In 2007, under his leadership as the Director HR, the Aditya Birla Group has developed a strong employer brand and has acquired laurels as the ‘Best Employer of India’ and a ‘Great Place for Leaders to Work’.
He holds the following positions in various Companies:-
- CEO, Carbon Black Business and Director, Group Human Resources, Aditya Birla Group.
- Director on the Board of Aditya Birla Management Corporation Private Limited, the apex decision making body of the US $41 billion Aditya Birla Group.
- Director on the Boards of Aditya Birla Science & Technology Company Limited; Alexandria Carbon Black Company Limited; Thai Carbon Black Public Company Limited; Indigold Carbon Mauritius Limited and SKI Carbon India.
He is the National President of the National HRD Network, he is also a Member in Advisory Board of Association of Executive Search Consultants (AESC) U.S.A. and was appointed as Member of the SHRM Certification Commission in 2014 for a period three years and is on the Boards of:-
- Xavier’s Institute of Management Bhubaneswar, India.
- Prince Aly Khan Hospital, an Aga Khan Foundation Hospital
- Fellow of the National Academy of Human Resources (NAHR), USA,
- The HRD Excellence Award from the National HRD Network (NHRDN)
- The National Institute of Personnel Management (NIPM) Ratna Award
- ‘Ravi J Mathai National Fellow Award’ by Association of Indian Management Schools
- ‘Global Leader of the Year’ at the CEO India Awards 2014.
Smt. Ganga Murthy Independent Director
Ms Ganga Murthy is an M Phil from the Department of Economics in the Madras University. She joined the Indian Economic Service in 1976 and have over 3 decades of experience in planning, implementing, monitoring and evaluating schemes and programmes across different sectors of the economy in the Government of India. During her career also obtained an MSc in National Development and Project Planning from the University of Bradford, UK.
She began her career in the Planning Commission with planning for the decentralized sector and ways to address regional imbalances in the country. This was followed by stints of varying time periods in the Departments / Ministries of Rural Development, Pensions, Economic Affairs, Chemicals & Petrochemicals, Health and Family Welfare and Consumer Affairs. She superannuated from the Ministry of Consumer Affairs in August 2013 as Principal Economic Adviser.
She was in-charge of the Economics Directorate in the Railways as Senior Economic Advisor, between 2009-11 before moving in as Principal Economic Adviser in Consumer Affairs from 2011-2013.
She also acted as the Secretary for the Public Accounts Committee and the Joint Parliamentary Committee to probe irregularities in Securities Transactions in 1992 during an interesting stint in the Lok Sabha during 1991-93.
Dr. Sambit Patra Independent Director
Dr. Sambit Patra is a qualified physician and holds his degree in Master of Surgery (MS) from SCB Medical College, Cuttack, Utkal University. Earlier he did his MBBS from VSS Medical College and Hospital, Burla, Sambalpur, Odisha in1997. He qualified UPSC Combined Medical Services in 2003 and joined Hindu Rao Hospital, Delhi as a Medical Officer. Presently, he is a Director on the board of ‘Centre for Holistic Advancement and upliftment of Poor & Landless.’