Hindustan Petroleum appoints Rajneesh Narang as Executive Director

23 Mar 2022 , 04:24 PM

Hindustan Petroleum Corporation Limited’s Board of Directors approved the appointment of Shri Rajneesh Narang as Executive Director on the company’s board, effective from March 21, 2022.

As indicated in the MOP&NG letter the term of appointment of Shri Rajneesh Narang is with effect from the date of his assumption of charge of the post till May 31, 2026, i.e. the date of his superannuation or until further orders, whichever is earlier.

Shri Rajneesh Narang has assumed the charge of Director (Finance) of Hindustan Petroleum Corporation Ltd., a Maharatna Oil Company effective March 22, 2022. Prior to this, Shri Rajneesh Narang was an Executive Director – Corporate Finance & Chief Financial Officer (CFO) of the Company. He has also held various key portfolios including that of Executive Director – Finance (Marketing), Executive Assistant to Chairman & Managing Director – HPCL among other assignments. He is on the Board of several HPCL Subsidiary/Joint Venture Companies.

Rajneesh is a fellow member of the Institute of Chartered Accountants of India (ICAI) and holds a degree in Masters in Financial Management.

HPCL ended at Rs285.15 up by Rs5 or 1.78% from its previous closing of Rs280.15 on the BSE.