The Board of Directors of Oil India Limited has inducted Abhijit Majumder as Director - Finance with effect from 20th November, 2024. Consequently, Ashok Das, Director - Human Resources has been relieved from additional charge of the post of Director - Finance.

Majumder took over charge as Director - Finance on the Board of Oil India Limited (OIL) on 20th November, 2024. He is a distinguished member of the Institute of Cost & Management Accountants of India, holder of a Bachelor’s degree in Economics, Law, a post graduate diploma in Forex Management, ICFAI and an alumni of IICA Valuation Certificate Program.

He is an eminent senior finance professional with an illustrious career spanning over 32 years. His expertise encompasses financial management, corporate governance & compliances, risk management, project management, and corporate business development.

His journey as a finance professional began in 1992. He joined OIL as Senior Officer in 1998. He headed the Project Finance Department in OIL’s Bay Exploration Project, served on deputation at Directorate General of Hydrocarbons (Country’s upstream Regulator), Finance & Accounts Department of OIL’s Field Headquarter, Duliajan. He also played a pivotal role as CFO at HPOIL Gas Private Limited, a Joint Venture CGD (City Gas Distribution) entity of OIL and HPCL.