Oil India appoints Abhijit Majumder as its CFO

New Delhi: The Board of Directors of Oil India Limited (OIL), a Maharatna CPSE under the Government of India, has approved the appointment of its Director (Finance) Abhijit Majumder as the company’s Chief Financial Officer (CFO). The decision has been taken during a board meeting held on Wednesday. He has been serving as Director (Finance) in the organisation since November 20.

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Majumder succeeds Rupam Barua, Executive Director (Finance & Accounts).

Majumder has assumed the role of CFO, in addition to his current position as Director (Finance), effective from December 18.

Majumder is a distinguished member of the Institute of Cost & Management Accountants of India. He holds a Bachelor’s degree in Economics, a degree in Law, and a Postgraduate Diploma in Forex Management from ICFAI. He has also completed the IICA Valuation Certificate Program, underscoring his proficiency in financial and regulatory frameworks.

He is an eminent senior finance professional with an illustrious career spanning over 32 years. His expertise encompasses Financial Management, Corporate Governance & Compliances, Risk Management, Project Management, Corporate Business Development etc.

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