New Delhi: Abhijit Majumder has assumeed charge as Director (Finance) on the Board of Oil India Limited (OIL) with effect from November 20. He was recommended for the post by the PESB panel on September 2. Previously, he was serving as Chief General Manager (F&A - Accounting Policy) in the same organisation.
With his new assignment, Majumder has succeeded Harish Madhav, who superannuated from the company on June 30.
Majumder joined OIL as a Senior Officer in 1998. He headed the Project Finance Department in OIL’s Bay Exploration Project, served on deputation in DGH, the Country’s upstream regulator, Finance & Accounts Department of OIL’s Field Headquarter, Duliajan. He also played a pivotal role as CFO at HPOIL Gas Private Limited, a joint venture CGD (City Gas Distribution) entity of OIL and HPCL.
A distinguished member of the Institute of Cost & Management Accountants of India, Majumder is a holder of a bachelor’s degree in economics, law (LLB), a post graduate diploma in Forex Management, ICFAI and an alumni of IICA Valuation Certificate Program. He is an eminent senior finance professional with an illustrious career spanning over 32 years. His expertise encompasses Financial Management, Corporate Governance & Compliance, Risk Management, Project Management, Corporate Business Development etc.
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