The state-owned Oil and Natural Gas Corporation's overseas investment arm, ONGC Videsh Ltd (OVL), has a new managing director: Rajarshi Gupta (ONGC). He takes over for Alok Gupta, who retired last month.
"Rajarshi Gupta has more than 33 years of varied experience in supervisory, managerial, and strategic planning capacities in domestic and foreign operations of ONGC and ONGC Videsh," the corporation stated in a statement, noting that he assumed his new position on July 19. He formerly served as ONGC's Executive Director and Chief of Corporate Strategy & Planning.
His primary competencies include mergers and acquisitions, strategic planning, and man management, according to the statement. He also has good business knowledge of the oil and gas industry.
He earned his MBA (International Business) with a Gold Medal from the Indian Institute of Foreign Trade and his mechanical engineering degree from NIT Rourkela. From 2006 to 2019, he worked for ONGC Videsh for 13 years, traveling the world to work in business development, merger and acquisition, and project management for exploration and development projects.
"He established the Geological & Geophysical Centre of Excellence in Houston while serving as the country manager and president of ONGC Videsh's US division. Upon his return, he oversaw Strategic HR and Corporate Communications in addition to being the Head of Corporate Planning & Strategy at ONGC Videsh. In ONGC's long-term vision plan, the Perspective Plan 2030, he played a key role in defining the international business vision" it added.
