Mr. Vikas Kaushal

Chairman & Managing Director

Shri Vikas Kaushal has assumed charge as Chairman & Managing Director of the Company on March 17, 2025.

Vikas is a seasoned global leader with over three decades of experience in Energy domain. He is a chemical engineering graduate from DCET, Punjab University and has done his MBA from Indian Institute of Management, Ahmedabad.

Vikas started his career in ICICI Limited where he worked in Project Finance and Advisory Services Division. Since 2000, Vikas worked with leading global management consulting firm A. T. Kearney and was a Partner with the firm for over 17 years. Vikas was pivotal to the growth of firm’s business in India and till recently was playing the role of Chairman of India business. Prior to that Vikas was the Global Leader for Energy and Process Industries practice where he was responsible for the portfolio of global energy clients served by A. T. Kearney including the global oil and gas majors. He also served as the Managing Director and Country Head for A. T. Kearney in India for five years and has significant experience in achieving profitable growth.

Vikas has been twice elected to the Global Board of Directors of A. T. Kearney. During this period he also had the opportunity to serve as the Chair of the Finance and Audit and Governance Committees of the Board of Directors.

Vikas has deep expertise in the Energy domain, including oil and gas, power, renewables and new energies. He has advised all the leading state-owned oil and gas companies in India i.e HPCL, Indian Oil, BPCL, GAIL, etc. on multiple large scale transformation programs for a long period of time. Vikas has also advised leading International Oil companies.

Vikas is an expert on the Energy Transition topics. He has authored several key thought pieces on oil & gas, power, chemicals, and related topics and is a regular speaker at key conferences in India, and globally.

Vikas is passionate about developing people. He has successfully groomed and mentored professionals and spends part of his time coaching young talent.

Phone Number: +91-22-22863900
E-Mail ID: corphqo[at]hpcl[dot]in

The details of the positions held in other body corporates:

Mr. Rajneesh Narang

Director (Finance)

Mr. Rajneesh Narang, is Director Finance of Hindustan Petroleum Corporation Limited since March 22, 2022. He also held the Additional charge of Director (HR) from May 2022 to April 2023 and Additional charge of Chairman & Managing Director from September 01, 2024 to March 16, 2025.

Prior to his current roles, Mr. Narang served as the Executive Director – Corporate Finance & Chief Financial Officer (CFO) of HPCL. Throughout his extensive career at HPCL, he has managed several critical portfolios, including Executive Director – Finance (Marketing), Executive Assistant to the Chairman & Managing Director, and roles across Finance and Marketing SBUs (such as Aviation, Direct Sales, and Retail). He is also on the board of several HPCL subsidiary and joint venture companies.

A Member of the Institute of Chartered Accountants of India (ICAI) with a Master’s degree in Financial Management, Mr. Narang brings over three decades of rich and varied experience in the downstream oil sector. He has held various key challenging assignments in roles across Corporate Finance, Treasury, Risk Management, Margin Management, Marketing Finance, Budgeting, SBU Commercial, C&MD’s Office, and Refinery Project.

Mr. Rajneesh Narang is known for his Commercial acumen, innovative ideas and people-centric leadership. In his various roles, he has focused on investment in Human capital for building successful teams and individuals and able to perform and deliver exceptional results through positive engagement and a shared vision. His commitment to professional development is further enriched by advanced management programs at prestigious institutions such as London Business School, IIM Ahmedabad, and ESCP Europe. He is also a key technical speaker in in-house capability-building seminars and workshops.

Phone Number: +91-22-22863900
E-Mail ID: corphqo[at]hpcl[dot]in

The details of the positions held in other body corporates:

Mr. S. Bharathan

Director - Refineries

Mr. S. Bharathan is the Director – Refineries of Hindustan Petroleum Corporation Limited effective October 1, 2022. He is a Post Graduate in Chemical Engineering with an impressive career spanning over three decades in the various streams of Refineries and Corporate at HPCL. He has extensive expertise in Refinery operations and cutting-edge technologies.

In addition to his role at HPCL, he serves on the Boards of Hindustan-Mittal Energy Limited (HMEL), Mangalore Refinery & Petrochemicals Limited (MRPL), HPCL Rajasthan Refinery Limited (HRRL) and Ratnagiri Refinery & Petrochemicals Limited (RRPCL). He heads the Boards of Hindustan Biofuels Limited (HBL), and Prize Petroleum Company Limited (PPCL).

Under his leadership, Mumbai Refinery has stabilized and achieved higher than design capacity from the first year of Operations itself. Visakh Refinerys’ Modernisation Project is in advance stage of completion; with most of the major units already commissioned. Indias’ most modern and integrated refining cum petrochemical complex is nearing completion in Pachpadra, Rajasthan. HPCLs refineries are also marching ahead with adoption of Digital Acceleration and process intensification technologies towards achieving net zero.

He has worked in Refinery Operations and Technical Services for more than 20 years. Has commissioned several new units under Visakh Refinerys’ VREP-2 and DHDS projects. He was the implementation manager for Integrated Refinery Business Improvement Program which was taken up for margin, energy and reliability improvements.

He was heading Crude & Production Planning of Integrated Margin Management during it’s initial implementation period and optimized entire supply chain from procurement of crude to sales of products. As a head of Refineries Project Process, was instrumental in designing and adoption of latest efficient refining technologies which includes Indias’ first Residue Hydrocracker.

He led the HPCL Green Research & Development Centre (HPGRDC) in Bengaluru for three years. During that time worked on technology development and commercialization of products & technologies. His profound knowledge extends to emerging technologies, advanced developments in the field of petroleum industries and energy transitions era.

He was a part of important committees like Energy Transition Advisory Committee, Enhancing Petrochemicals production, Indigenization of Catalyst Manufacturing, Policy for Synthetic Fuels etc.

Phone Number: +91-22-22863900
E-Mail ID: corphqo[at]hpcl[dot]in

The details of the positions held in other body corporates:

Mr. Amit Garg

Director – Marketing

Mr. Amit Garg assumed the role of Director – Marketing on December 27, 2022. With over 37 years of diverse experience in the oil and gas industry, he brings a wealth of expertise, having driven strategic sales initiatives across every aspect of the value chain — from sourcing and storage to logistics, marketing, and customer experience. His customer focussed approach to achieving sales excellence has consistently delivered exceptional results, positioning him as a key leader in the industry.

Mr. Garg oversees the comprehensive performance of all downstream verticals, including Retail, LPG, Industrial & Consumer Sales, Lubricants, and Aviation. He also leads the rapid expansion of HPCL’s marketing infrastructure, including cross-country product pipelines, storage capacities at POL locations, LPG plants, both retail outlet and LPG distributor networks, and CNG facilities at its outlets, with a strong focus on enhancing market reach, operational efficiency, and cost optimization.

Mr. Garg, a postgraduate in Electronics and Management, assumed leadership at HPCL during challenging times in the hydrocarbon sector. Despite these challenges, he is steering the company's growth by diversifying its product portfolio to include petrochemicals, developing the CGD network, strategically venturing into biofuels and renewables, and establishing electric vehicle charging infrastructure at its retail network.

Mr. Garg is placing a strong emphasis on substantially increasing non-fuel revenues (NFR) from customer touchpoints, while also prioritizing the adoption of cutting-edge digital technologies to elevate and transform the overall customer experience.

In addition to his role at HPCL, Mr. Garg holds key leadership positions, serving as Chairman of HPCL Renewable & Green Energy Limited, a wholly owned subsidiary of HPCL, and as Chairman of Bhagyanagar Gas Limited, a JV between HPCL and GAIL. He also serves on the Board of HPCL Mittal Energy Limited (HMEL), a JV between HPCL and Mittal Energy Investments Pte. Ltd., Singapore (a Lakshmi N Mittal Group company), and HPCL Rajasthan Refinery Limited (HRRL), a JV between HPCL and the Government of Rajasthan.

Prior to joining HPCL, Mr. Garg was Executive Director – Aviation at BPCL. His previous roles include serving as a full-time Director at Indraprastha Gas Limited, India's largest City Gas Distribution (CGD) company, and as a Nominee Director at Maharashtra Natural Gas Limited, a JV of BPCL and GAIL.

Renowned for his proficiency in public speaking, Mr. Garg’s leadership is distinguished by a unique blend of ambition and empathy. His ability to clearly articulate HPCL’s vision and strategy has played a pivotal role in shaping the company’s marketing initiatives and driving its growth trajectory.

Phone Number: +91-22-22637000
E-Mail ID: corphqo[at]hpcl[dot]in

The details of the positions held in other body corporates:

Mr. K S Shetty

Director - Human Resources

Mr. K S Shetty has assumed the charge of Director Human Resources of the Company effective May 01, 2023. Prior to this, Mr. K S Shetty was an Executive Director – Human Resources with additional charge of Employee Relations Department.

Mr. K S Shetty is a Gold Medalist in Human Resource Management from Andhra University and also a distinguished alumnus of the Swedish Institute, Stockholm from where he completed his Diploma in Sustainable Development in 2012. He has also completed his Advanced Management Program from MDI, Gurgaon / ESCP Europe Business School, Paris. (2016). He is an SHRM, USA - Senior Certified Professional and is currently on the AIMA Core Committee on HR and also on the National Council of the Indian Society for Training and Development (ISTD). He is also on the Board of HPCL’s Wholly Owned Subsidiary Company (HPLNG), effective October 10, 2022.

He has over 25 years of experience in HR in various capacities at HPCL. In his current role at HPCL, he is responsible for the entire gamut of HR/ER functions ranging from Talent Acquisition, Capability Building, Career and Succession Planning, Performance and Rewards Management, Discipline Management etc. He also has in-depth knowledge of various Statutory/ Regulatory requirements under various Labour Laws.

Phone Number: +91-22-22863900
E-Mail ID: corphqo[at]hpcl[dot]in

The details of the positions held in other body corporates:

Mr. Vinod Seshan

Government Director

Shri Vinod Seshan is a Government Nominee Director on the Board of the Company effective May 13, 2024.

Shri Vinod Seshan, Joint Secretary, Ministry of Petroleum & Natural Gas is an Officer from the 2008 batch of the Indian Administrative Service, Assam Cadre.

He possesses over 20 years of rich work experience (17+ years in Policy making, implementation, Development and Infrastructure Project Management, District Administration and Crisis response in roles as Administrator, Team Leader and Project Director). He has served on the boards of many government companies, the last two assignments being with OIL India and HPCL. Prior to being appointed to the Indian Administrative Service, Mr Seshan had been working in the software services sector in India with roles ranging from Software development, testing and Knowledge management.

He possesses a Bachelor degree in Engineering (Electronics & Communication) from Visveswariah University in Karnataka. India. He also has Master’s degree in Public Policy as well as Infrastructure, Investments and Finance. The latter being from the University College London. At work and in pursuit of knowledge, Mr Seshan has always felt his interests in large Infrastructure projects, their financing means and their sustainability.

The details of the positions held in other body corporates: NIL

Mr. Pankaj Kumar

Government Director

Mr. Pankaj Kumar has been appointed as Government Director on the Board of the Company effective June 22, 2022. Mr. Pankaj Kumar currently holds the position of Director (Production) of Oil and Natural Gas Corporation (ONGC) effective March 01, 2023. Prior to that, he was holding the position of Director (Offshore) of ONGC. As Director (Production), Pankaj Kumar provides strategic stewardship to the entire spectrum of oil and natural gas production across ONGC's production fields, both in Offshore and Onshore.

Mr. Kumar is a thorough Oil & Gas industry professional with more than 35 years of experience across ONGC’s business functions varying from Operations Management of Offshore and Onshore fields, Well Engineering, Joint Venture Management, Corporate Strategic Management and Asset Management.

During this period he has held key positions as Chief of Corporate Strategy & Planning group of ONGC and Asset Manager of Cambay Asset and Ahmedabad Assets. Sustainable production enhancement from mature fields of Ahmedabad & Cambay is another testimony to his impeccable Asset & Project Management skills.

He is known for his visionary approach and dynamic decision making with excellent performance records. During his stint in Joint Venture (JV) Operations Group, Mr. Kumar was instrumental in exceptional turnaround of CB-OS/2 Offshore JV block by making it profitable with almost 100% increase in production and delivering complex offshore projects in Panna-Mukta & Tapti block, on-time and within allocated budget. Mr. Kumar’s immense contribution in formulation of ONGC’s Long Term Growth Strategy: Energy Strategy 2040 as Chief Corporate Strategy & Planning is remarkable.

During his tenure as Asset Manager of the largest onshore Asset of ONGC at Ahmedabad, Country faced worst ever Pandemic and the lock down situation. Under his dynamic leadership during severe lock-down conditions Asset having 67 installations continued operations on round the clock basis and maintained production.

He holds a Bachelor’s degree in Chemical Engineering from University of Roorkee (now IIT Roorkee) and Master’s degree in Process Engineering from IIT Delhi. He completed Advance Management Program at IIM, Bengaluru and Leadership Development Program at IIM, Calcutta.

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Mr. K S Narendiran

Independent Director

Mr. K S Narendiran hails from Tamil Nadu State and is self-employed by Profession. He is a Social Worker and actively involved in various activities which are for the advancement of weaker sections of the Society.

The details of the positions held in other body corporates: NIL

Mr. Bechan Lal

Independent Director

Shri Bechan Lal, Former Vice-Chancellor, Cluster University Jammu in J&K, UT, is the former Professor of Zoology, at Banaras Hindu University, Varanasi. After completing his UG, PG & Ph.D. programmes from Banaras Hindu University, he started his professional career as Assistant Professor at Department of Zoology, Banaras Hindu University and rose to the Professorship.

During his academic journey, he developed his specialization in the field of Reproductive Endocrinology & paracrinology, Environmental Biology and Fish Biology. In addition to guiding several Ph.D. students and more than forty PG dissertations, he has published around hundreds of research articles in journal of international and high reputes, including several book chapters.

He is also awarded with several honours & awards. He is the President of Indian Society for Comparative Endocrinology. He has been the office bearer and member of several other professional societies.

He has handled several research projects worth rupees crores from the various agencies of Govt. of India, like Department of Science and Technology, Indian Council of Agricultural Research, University Grants Commission, Indian Council of Medical Research, New Delhi. He has been member of several committees constituted by Govt. of India, for various purposes. Apart from his teaching and research activities, he has also held several academic administrative responsibilities at Banaras Hindu University, Varanasi.

The details of the positions held in other body corporates: NIL

Ms. Sharda Singh Kharwar

Independent Director

Ms. Sharda Singh Kharwar (DIN – 09414443) is a Graduate (BA, LLB) from Mahatma Gandhi Kashi Vidyapeeth, Varanasi. She is a public servant who serves for the upliftment of the tribal communities by providing them basic education, to help the underprivileged tribal women and motivate them for women empowerment. Further, she has worked as Member of Districts Executive Committee of IT, Regional Minister of Kashi Region, Regional General Secretary (ST Morcha) and now she has been appointed as Regional President (ST Morcha) of Kashi.

She also served as an Independent Director on the Board of Telecommunications Consultants India Limited (TCIL) for 3 years.

The details of the positions held in other body corporates: NIL

Mr. Vivekananda Biswal

Independent Director

Vivek Biswal is a business management professional in the Power & Infrastructure Sector. Most recently he led an electricity distribution franchise in Odisha. Prior to this he worked for AES (USA), Odisha Power Generation Corporation, Tata Power Delhi Distribution, Reliance Energy (BSES), Consortium of US Power Utilities, NTPC and Hindustan Zinc.

An Odisha native, Vivek holds a master’s degree in commerce and bachelor’s in law from Utkal University besides being a qualified Cost Accountant and Company Secretary. Currently he renders management advisory services to corporates, in addition to being on board of few other companies.

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Mr. Abhay Sharma

Independent Director

CA Dr. Abhay Sharma hails from Indore, Madhya Pradesh, and is a Postgraduate in Commerce and a member of the Institute of Chartered Accountants of India. He is a practicing Chartered Accountant and possesses vast knowledge in finance and management. He is also a PhD holder, having completed his doctorate in taxation at Devi Ahilya University, Indore.

He holds membership in several professional associations and has held key positions in tax practitioners associations and was the Chairman of the Indore CA Association in the year 2018-19. He has been awarded several accolades, including the 'Times Icon of Madhya Pradesh 2020' under the 'Entrepreneur of the Year' category and 'The Luminaries' by the Chartered Accountants of Central India. Apart from his professional activities, he is a regular writer for tax journals, financial columns, and newspapers on various topics, and frequently delivers keynote speeches at national and regional seminars.

The details of the positions held in other body corporates: NIL