Director (Finance) Subhash Kumar has assumed the additional charge of the post of Chairman and Managing Director (CMD) of Oil and Natural Gas Corporation Limited (ONGC) on April 1, 2021 at New Delhi vide order dated 30 March 2021 issued by the Ministry of Petroleum & Natural Gas. Kumar assumed the said charge consequent upon the superannuation of Shashi Shanker on March 31, 2021.
Kumar is an industry veteran with over 36 years of experience in diverse activities across the Exploration & Production (E&P) value chain. He joined ONGC in 1985 as a Finance and Accounts Officer and served in different capacities. After growing up along the hierarchy in ONGC, he had a long stint at ONGC Videsh, the overseas arm of ONGC.
During his tenure with ONGC Videsh, Kumar was associated with key acquisitions and expansion of company's footprint. He played a key role in evaluation and acquisition of many overseas assets. He had worked as Head Business Development, Finance and Budget and also as Head Treasury Planning and Portfolio Management Group at ONGC Videsh from April 2010 to March 2015.
