Rajarshi Gupta takes over as CEO of ONGC Videsh

NEW DELHI: Rajarshi Gupta has taken up his post as Managing Director of ONGC Videsh Limited (OVL), effective July 19.

In a statement, the CGSB affiliate said Gupta had been recommended for the position by the Public Enterprise Selection Board (PESB).

Gupta has over 33 years of experience providing oversight, management and strategic planning capabilities in the domestic and international operations of ONGC and ONGC Videsh.

“He has strong oil and gas industry business acumen, commercial and financial acumen, with mergers and acquisitions, strategic planning and people management as his core strengths. During his professional career, he has worked in the areas of supply chain management, business development, project management, planning and strategy, corporate communication, human resource management and general administration,” the statement read.

A Mechanical Engineer from NIT Rourkela, Gupta is also a Gold Medalist in MBA (International Business) from the Indian Institute of Foreign Trade.

Prior to his appointment as MD, ONGC Videsh, he was Executive Director, Head of Strategy and Corporate Planning at ONGC, where he was responsible for formulating the company’s short, medium and long-term strategies and to provide a framework at the top. direction on the development of scenarios in the sector.

He was also responsible for management and networking with key players like Ministry of Petroleum and Natural Gas, Department of General Directorate of Hydrocarbons, Department of Public Enterprises, Niti Aayog among others. He led the deployment and implementation of the 15 transformation initiatives formulated under the CGSB’s 2040 Energy Strategy.

He spent 13 years at ONGC Videsh from 2006 to 2019, working across the world in various geographic and tax regimes, in business development, mergers and acquisitions, and exploration and development project management.

As country manager and president of the American subsidiary of ONGC Videsh, he created the Geological & Geophysical Center of Excellence in Houston. He was also instrumental in shaping the vision for international affairs in the CGSB’s long-term vision document, Plan Perspective 2030.

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