Hindustan Petroleum Corporation Limited announced the appointment of Rajneesh Narang as Director (Finance), effective March 21, 2022.
According to the exchange filing, the company said, “we write to inform that in terms of MoP&NG letter Ref. No. CA-31017/4/2019-PNG (31765) dated March 21 , 2022, Shri Rajneesh Narang (DIN 08188549) has been appointed on the Board of Hindustan Petroleum Corporation Limited as Director (Finance) with effect from March 22, 2022.”
Rajneesh Narang has assumed the charge of Director (Finance) of Hindustan Petroleum Corporation Ltd., a Maharatna Oil Company effective March 22, 2022. Prior to this, Rajneesh Narang was an Executive Director – Corporate Finance & Chief Financial Officer (CFO) of the Company. He has also held various key portfolios including that of Executive Director – Finance (Marketing), Executive Assistant to Chairman & Managing Director – HPCL among other assignments. He is on Board of several HPCL Subsidiary/Joint Venture Companies.
A Member of the Institute of Chartered Accountants of India (ICAI) and a degree in Masters in Financial Management, Narang brings with him rich and varied professional exposure of more than 3 decades across various spectrum of Downstream Oil Company. He has held various key challenging assignments in HPCL in the field of Corporate Finance, Treasury, Risk Management, Margin Management, Marketing Finance, Budgeting, SBU Commercial, C&MD’s Office and Refinery Project, the statement said.
Rajneesh Narang is known for his Commercial acumen, innovative ideas and people-centric leadership. In his various roles, he has focussed 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. He has various academic distinctions to his credit and is a key technical speaker in In-house capability building seminars and workshops, the statement added.
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