The Board of Oil India has approved the appointment of Abhijit Majumder, director (finance) as chief financial officer (CFO) of the company with effect from 18 December 2024. Majumder is a member of the Institute of Cost & Management Accountants of India, holder of a Bachelor's degree in Economics and law, a postgraduate diploma in Forex Management, ICFAI, and an alumnus of llCA Valuation Certificate Program.
He is a senior finance professional with over 32 years of experience. His expertise encompasses financial management, corporate governance & compliance, risk management, project management, corporate business development, etc.
The company’s shares rose 0.08% to currently trade at Rs 444.70 on the BSE.