National News

V Ramakrishna Gupta set to be next Director (Finance) of BPCL

V Ramakrishna Gupta, who is currently serving as Chief General Manager of BPCL, has been recommended for the post of Director (Finance) of the company

PSU Watch Bureau

New Delhi: V Ramakrishna Gupta is set to be the next Director (Finance) of Bharat Petroleum Corporation Limited (BPCL). He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel on Wednesday. He is currently serving as Chief General Manager in the same organisation. With his new assignment, Gupta will replace N Vijayagopal, who is currently serving as Director (Finance) of the corporation.

Gupta has been recommended for the post of Director (Finance) from a list of six candidates, who were interviewed by the selection panel. There were a total of five candidates including Gupta, who were on the list, were from BPCL and one candidate was from NLC (India) Limited.

As Director (Finance) of BPCL, Gupta will be a member of the Board of Directors and will report to the Chairman and Managing Director (CMD). He will be overall in charge of the finance and accounts of the organisation and will be responsible for evolving and formulating policies relating to finance and accounts as well as implementation thereof.

ALSO READ:

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited (BPCL) is a government-controlled oil and gas company headquartered in Mumbai, Maharashtra. It is a Maharatna PSU under the Ministry of Petroleum & Natural Gas (MoPNG). The corporation operates two large refineries of the country located in Kochi and Mumbai. The company is India's 2nd largest downstream oil company and is ranked 275th on the Fortune list of the world's biggest corporations as of 2019. BPCL ranked 672 in the Forbes 2018 list.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

No policy to incentivise flex-fuel vehicles beyond E20, says Centre

ED searches multiple locations in Punjab, Chandigarh against state PSU officials

Disinvestment: LIC OFS draws record Rs 36,400 crore institutional bids

Govt proposes easier compliance for foreign firms using Indian data centres

NHPC posts modest Q1 profit growth as higher revenue lifts earnings