BPCL appoints V Ramakrishna Gupta as its Chief Financial Officer (CFO)

• BPCL has appointed V Ramkrishana Gupta as Chief Financial Officer (CFO) w.e.f. August 1
• Gupta has been appointed at the place of N Vijayagopal who superannuated on July 31

New Delhi: Bharat Petroleum Corporation Limited (BPCL) has appointed V Ramkrishana Gupta as Chief Financial Officer (CFO) of the company with effect from August 1. He has been appointed to the post in place of BPCL's former Director (Finance) N Vijayagopal, who was also CFO of the company. Vijayagopal superannuated from the services of the company on July 31. This information has been shared by the disinvestment bound Maharatna PSU in a regulatory filing to the stock exchanges on Monday.

V Ramakrishna Gupta, who is currently serving as Chief General Manager of BPCL, had been recommended for the post of Director (Finance) of the company on June 2 by the Public Enterprises Selection Board (PESB) panel. However, his appointment is subject to clearance by the Appointments Committee of the Cabinet (ACC).

Gupta is a Chartered Accountant and a Cost Accountant by profession. He has rich experience of working in various facets of finance like business finance, corporate finance, treasury management, risk management, taxation, financial planning, and budgeting, etc. During his tenure spanning over more than 23 years, he held various senior positions in BPCL and was instrumental in strengthening corporate governance and bringing about numerous process improvements.

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.

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