Government Transfers
Sandeep Kumar Gupta appointed IOCL Director (Finance)
Sandeep Kumar Gupta appointed IOCL Director (Finance)
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By Elets News Network 06-August-2019
Sandeep Kumar Gupta has been appointed as the Director (Finance) of Indian Oil Corporation Limited (IOCL). Prior to this appointment, Gupta was the Executive Director (Corporate Finance) of IOCL corporate office. He also held the post of Chief Risk Officer-in-charge of corporate accounts, treasury, investment appraisal, and risk management.
Gupta has over 31 years of work experience in IOCL. He has handled various financial and accounts role. In the Refineries Headquarter, he has worked on hydrocarbon contracting, corporate accounts, planning and analysis, treasury functions, financial concurrence, risk management, etc.
He has also headed several projects including two volatile global oil price cycles, depressed refinery margins, reviews of pricing mechanism, deregulation of petrol/diesel, transition to IndAS, unprecedented ECBs, maiden buy-back of shares, etc.
A Commerce graduate and Chartered Accountant, Gupta also spearheaded several stakeholder-friendly voluntary initiatives like the first Integrated Annual Report by a PSU and declaration of consolidated financial results on a quarterly basis.
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