Mangalore, August 15: Mr H Kumar who was the Executive Director, Corporate Strategy and Planning; at Hindusthan Petroleum Corporation Ltd (HPCL) has charge as the Managing Director of the Mangalore Refinery and Petrochemical’s Ltd (MRPL).
“He over took Vishnu Agarwal, Director of Finance, who held the additional charge as the Managing Director since August 1, 2014 ,after superannuation of P P Upadhya”, the company said in a statement.
Kumar was selected by the government head hunters Public Enterprise Selection Board (PESB) on January 22nd after retirement of P P Upadhya.
On August 7th, an order for Kumar to head MRPL was issued on the approval of the Appointments Committee of the cabinet (ACC).
Upahdhaya got retired on July 31st and Kumar had to take over his charge on 1st of August, but his appointment got delayed. So Vishnu Agarwal was given an additional charge of Managing Director of the Company.
State-owned Oil and Natural Gas Corporation (ONGC) holds 71.63% stake in MRPL, operating 15 million tonne’s a year. Oil refinery at Mangalore HPCL has 16.96% stake in the company.
Kumar, graduated his Mechanical Engineering from Calicut University, trained in Advanced Management Strategies from IIM Kolkatta, has a professional experience of over 3 decades across the entire range of petroleum functions while serving in one of India’s foremost Oil PSU – HPCL, revealed the statement.
Being the Executive Director of Corporate Strategy and Planning (HPCL), he fruitfully steered up many tie-ups in addition to the joint venture for a 9 million tones refinery-cum-petrochemical complex at Barmer, Rajasthan and a 5 million tones LNG import terminal at Chhara in Gujrat.