New Delhi: GAIL (India) Limited has announced the appointment of Satish Kumar Sinha as Director (Finance) on its board, following his nomination by the Ministry of Petroleum and Natural Gas (MoP&NG).
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In a regulatory filing to the stock exchanges on Monday, GAIL said it had received a communication from the ministry nominating Sinha, who is currently serving as Executive Director at GAIL, for the board-level position. The appointment will take effect from the date he assumes charge of the post on or after July 1. He will serve as Director (Finance) until the date of his superannuation on May 31, 2029, or until further orders, whichever is earlier.
Sinha was recommended for the post of Director (Finance) of GAIL by the PESB on March 17. He was selected for the position from a pool of 11 candidates, were interviewed the same post.
A Commerce graduate and a qualified Cost and Management Accountant, Sinha began his career with GAIL in 1994 as a Management Trainee (Finance & Accounts). Over the years, he has built extensive expertise across a wide spectrum of financial functions, including corporate finance, accounting, taxation, treasury operations, budgeting, project evaluation, and mergers & acquisitions.
He has also played a strategic role in business development, MoU formulation, and financial concurrence, while remaining actively involved in investor relations and engagements with the analyst community.
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Sinha has contributed significantly to GAIL’s digital transformation initiatives, notably playing a key role in the implementation of SAP ERP systems, enhancing operational efficiency and financial transparency within the organisation.
In addition to his executive responsibilities, he currently serves as a Director at GAIL Mangalore Petrochemical Ltd. (GMPL) and has previously been on the board of GAIL Global Singapore Pte Limited (GGSPL).
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