Subhash Kumar appointed as Director of Petronet LNG
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Subhash Kumar appointed as Director of Petronet LNG

Kumar is a veteran in the oil and gas industry with a vast experience of over 35 years in this industry

  • By ICN Group | April 12, 2021

The Board of Directors of Petronet LNG Limited has approved the appointment of Subhash Kumar, Director (Finance) and Additional Charge CMD, ONGC on the Board of Petronet LNG Limited in place of Shashi Shanker who ceased to be Director of the company due to his retirement from the services on attaining the age of superannuation.

Kumar is a veteran in the oil and gas industry with a vast experience of over 35 years in this industry. Kumar started his career in ONGC in 1985 as Finance & Accounts Officer. After initially working in Jammu and Dehradun, he had a long stint at ONGC Videsh, the overseas arm of ONGC. During his tenure with ONGC Videsh, Kumar was associated with key acquisitions and expansion of the company's footprint from a single asset company in 2001 into a company with global presence.

Kumar served as Chief Financial Officer of Mansarovar Energy Colombia Limited, a 50:50 joint venture of ONGC Videsh and Sinopec of China, from September 2006 to March 2010. He worked as Head Business Development and Strategy, Finance & Budget and also as Head Treasury Planning & Portfolio Management Group at ONGC Videsh from April 2010 to June 2016. He played a key role in evaluation and acquisition of many assets abroad by ONGC Videsh.

Kumar joined ONGC as Chief Commercial & Head Treasury in July 2016 where he played a key role in evaluation, negotiation, and concluding outstanding issues pertaining to the organization. Kumar also served a brief stint with Petronet LNG Limited where he joined as Director (Finance) in August 2017. Kumar was appointed as Director (Finance), ONGC in January 2018.

Subhash Kumar is Fellow Member of The Institute of Cost Accountants of India and also Associate Member of The Institute of Company Secretaries of India. He is an alumni of Panjab University, Chandigarh, from where he obtained his Bachelor's degree and Master's degree in Commerce with Gold Medal.

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