Executive Shake-Up: Devendra Kumar Waves Goodbye to ONGC!

In a major leadership transition, Devendra Kumar has stepped down as the Executive Director of Oil and Natural Gas Corporation Limited (ONGC). His resignation brings to an end a remarkable term of office that started in February 1991, during which he gained more than 33 years of experience in finance and corporate management at the organization. Kumar has been instrumental in several roles, including Chief of Corporate Finance, where he coordinated important functions like treasury, accounts, and project appraisal. He also had specialization in international business and joint ventures, which improved the operational efficiency of ONGC. The company will soon be announcing his replacement as it struggles to cope with the changing energy sector dynamics.

 

Source: boardstewardship.com