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 Director - Refineries at Hindustan Petroleum Corporation Limited. He is a Post Graduate in Chemical Engineering with a distinguished career of more than three decades at HPCL, having held key positions across refineries, corporate functions and R&D. He has contributed significantly to operational excellence and technology advancement.

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), HPCL Renewable and Green Energy Limited (HPRGE) and Ratnagiri Refinery & Petrochemicals Limited (RRPCL), and chairs the Boards of Hindustan Biofuels Limited (HBL) and Prize Petroleum Company Limited (PPCL).

Under his leadership, HPCL’s refineries have been expanded and modernised, with the benefits of this is being realised in terms of higher throughput, improved energy efficiency, enhanced product flexibility. His areas of interest include Smart Refining and Digital Transformation, process intensification, R&D technology commercialization, and emerging energy technologies. He is driving Digital Acceleration, Innovation, Knowledge Management Systems and Decarbonisation efforts across HPCL’s refineries and R&D. HPCL has also significantly diversified its’ crude basket during the recent period and cost efficiency is a special focus area.

He has been part of several important committees such as the Energy Transition Advisory Committee, Enhancing Petrochemicals Production, Indigenization of Catalyst Manufacturing and Policy for Synthetic Fuels. He has also served as Co-Chair of the Stakeholders Group on Advanced Biofuels (SGAB) under Activity 42 of the EU–India Clean Energy and Climate Partnership Work Programme.

Some of the Awards & Recognitions include CSIR-IICT–Avon Padmashri Dr. G. S. Sidhu CHEMCON Distinguished Speaker Award (2023), Hikal’s CHEMCON Distinguished Speaker Award, CHEMCON (2024), Titan – Refining Innovation Award, Transform HSE Conference (2024), Leadership Excellence Award – Refining Technology, 9th Global Refining & Petrochemical Congress (2025).

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. 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.

The details of the positions held in other body corporates:

Mr. Vikram Saxena

Government Director

Shri Vikram Saxena is a Government Nominee Director on the Board of the Company effective March 10, 2026.

Shri Vikram Saxena is a graduate in Mechanical Engineering with a postgraduate degree in Human Resource Management. Shri Saxena brings over 35 years of extensive experience in Exploration & Production (E&P) operations across both onshore and offshore domains. Shri Saxena is a Director (Technology & Field Services) of Oil and Natural Gas Corporation (ONGC) effective March 06, 2025 and spearheads the Drilling & Well Services campaign of ONGC. He is also Director in ONGC Green Limited. Before assuming his role as a Director in ONGC, he held several key leadership positions within ONGC, demonstrating a profound understanding of operations, maintenance, regulatory frameworks, health, safety & environment and policy matters.

The details of the positions held in other body corporates:

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.

The details of the positions held in other body corporates:

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

Shri Alok Tripathi

Government Nominee Director

Shri Alok Tripathi is a Government Nominee Director on the Board of the Company effective March 23, 2026.

Shri Alok Tripathi did his B.Tech and M.Tech in Mechanical Engineering from IIT Kanpur and joined Civil Services in the IRTS cadre on September 20, 1999. He has served the Department of Railways in various capacities.

He joined the Ministry of Petroleum and Natural Gas (MoP&NG) in 2012 as Deputy Secretary (Marketing) and is presently serving as Joint Secretary, MoP&NG.

Shri Tripathi has also served two terms on the Board of Numaligarh Refinery Limited, a subsidiary of Oil India Limited, as Director during August 26, 2013 to August 12, 2015 and February 27, 2017 to October 5, 2017.

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