Statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice,

Statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice, and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public

The Management of the Company is vested with 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 of Directors.

The strength of the Board is 18 members, comprising of 7 Functional Directors, including the Chairman & Managing Director and 11 non-executive Directors comprising 2 part-time official Directors and 9 part-time non-official Directors all nominated by Government of India. The Board of Directors thus, has an adequate combination of executive and non-executive Directors.

In terms of the Articles of Association of the Company, the Board of Directors can have minimum Four Directors and maximum Twenty one Directors. As on 2nd January 2016, the strength of the Board of Directors is 13 members, comprising of 7 Functional Directors (including the Chairman & Managing Director) and 6 Non-executive Directors (comprising 2 part-time official nominee Directors and 4 part-time non-official Director) nominated by the Government of India. To share the global experience and business strategies, Managing Director, ONGC Videsh Limited (OVL) is a permanent invitee to the meetings of the Board.

The Composition of the Board of Directors as on 1st  January 2020 is as under:

Name of the Director Designation
   
(A) CMD and Functional Directors
1. Subhash Kumar Chairman & Managing Director
2. Dr Alka Mittal Director (HR)
3. R K Srivastava Director (Exploration) & Director (Offshore)
4. Om Prakash Singh Director (T&FS)
5. Anurag Sharma Director (Onshore)

(B) Government Nominees

1. Amar Nath Govt. Nominee Director
2. Rajesh Aggrawal Govt. Nominee Director
   
(C ) Independent Directors
1. Smt Ganga Murthy Independent Director
2. Amitava Bhattacharyya Independent Director
 

Board Level Committees:

ONGC has the following Board Level Committees

  1. Audit & Ethics Committee
  2. Financial Management Committee
  3. Project Appraisal Committee
  4. Human Resource Management Committee
  5. Stakeholders’ Relationship Committee
  6. Nomination & Remuneration Committee
  7. Health Safety & Environment Committee
  8. Committee on Corporate Social Responsibility & Sustainability Development
  9. Committee on Dispute Resolution
  10. Committee for Issue of Share Certificates
  11. Risk Management Committee
  12. Research and Development Committee
  13. Project Review Committee
  14. Committee for Review of Subsidiaries & Joint Ventures
  15. Committee for Review of Operations
  16. Asha Kiran


List of Committees of the Board of the Company (Reconstituted by Board at its 320th Meeting held on 26.07.2019)

Sl. No. Name of the Committee  Members
1. Audit & Ethics Committee Chairman -
Members- S/ShriSumit Bose - ID, Vivek Mallya - ID, Deepak Sethi - ID, Rajesh Kakkar - D(Off) and Sanjay Kumar Moitra - D(On)
2. Financial Management Committee
  1. Director (Finance) - Member
  2. Concerned Functional Director - Member
Convenor - Director (Finance)
3. Project Appraisal Committee  
  1. Director (Offshore) - Member
  2. Director (Finance) - Member
  3. Concerned Functional Director - Member
Convener - Director (Offshore)
4. Human Resource Management Committee
  1. CMD and all Functional Directors - Members
Convener - Director (HR)
5. Stakeholders’ Relationship Committee Chairperson- Smt. Ganga Murthy - ID
Members – S/Shri Amitava Bhattacharyya - ID, Subhash Kumar -D(F), Dr. Alka Mittal -D(HR), Sanjay Kumar Moitra - D(On) and R. K. Srivastava -D(E)
6. Nomination & Remuneration Committee Chairman - Dr. Santrupt B. Misra - ID
Members - S/Shri Shashi Shanker - CMD, Rajiv Bansal -GD and Smt. Ganga Murthy - ID
7. HSE Committee  
  1. CMD and all Functional Directors - Members
Convener - Director (Exploration)
8. Committee on CSR & SD Chairman -
Members - S/Shri Santrupt B. Misra- ID, Shri Amitava Bhattacharyya – ID, R.K. Srivastava -D(E), Subhash Kumar -   D(F) and Dr. Alka Mittal - D(HR)
9. Committee on Dispute Resolution
  1. Director (T&FS) - Member
  2. Director (Onshore) - Member
  3. Director (Finance) - Member
  4. Concerned Functional Director - Member
Convener - Director (T&FS)  
10. Committee for Issue of Share Certificates (CISC): Chairman – Shri Subhash Kumar -D(F)
Members - S/Shri Rajesh Kakkar - D(Off), Sanjay Kumar Moitra - D(On) and Dr. Alka Mittal -D(HR)
11. Risk Management Committee Chairman – Shri Deepak Sethi - ID
Members – R. K. Srivastava - D(E), Rajesh Kakkar - D(Off), Sanjay Kumar Moitra - D(On) and N. C. Pandey - D(T&FS)
12. Research and Development Committee
  1. Director (T&FS) - Member
  2. Director (Offshore) - Member
  3. Director(HR) - Member
  4. Director (Exploration) - Member
  5. Director (Onshore) - Member
  6. Director (Finance) - Member
Convener - Director (Exploration)
13. Project Review Committee
  1. Director (Offshore) - Member
  2. Director (Onshore) - Member
  3. Director (Finance) - Member
  4. Concerned Functional Director - Member
Convener - Director (Offshore)
14. Committee for Review of Subsidiaries & Joint Ventures
  1. Director (T&FS) - Member
  2. Director (Offshore) - Member
  3. Director (Onshore) - Member
  4. Director (Finance) - Member
Convener - Director (Finance)
15. Committee for Review of Operations
  1. Director (T&FS) - Member
  2. Director (Offshore) - Member
  3. Director (Exploration) - Member
  4. Director (Onshore) - Member
  5. Director (Finance) - Member
Convener - Director (T&FS)  
16. Asha Kiran Chairman – Shri Subhash Kumar -D(F)
Members - S/Shri Deepak Sethi - ID and Dr. Alka Mittal - D(HR)