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PESB Recommends Srividya Venkataraman for Director (Finance) at HPCL

PESB recommends Smt. Srividya Venkataraman of BPCL as Director (Finance) at HPCL. Read about her experience, selection highlights, and what this means for HPCL.
PESB Recommends Srividya Venkataraman for Director (Finance) at HPCL

Mumbai, February 28, 2026 – In a significant move for the Indian public sector oil industry, the Public Enterprises Selection Board (PESB) has recommended Smt. Srividya Venkataraman, Executive Director (Corporate Treasury) at Bharat Petroleum Corporation Limited (BPCL), for the post of Director (Finance) at Hindustan Petroleum Corporation Limited (HPCL).

The recommendation was made during PESB Meeting No. 18/2026, held on 28th February 2026 at 9:00 AM, focusing on the selection for the key finance leadership role in the Schedule A PSU.

Key Highlights of the Selection Meeting

The meeting considered 12 eminent finance professionals from various public sector companies:

  1. Shri Devendra Kumar – Director (Finance), Mangalore Refinery & Petrochemicals Limited

  2. Shri K. Vinod – Executive Director, Corporate Finance and Treasury, HPCL

  3. Shri Balachandar S – Executive Director Audit, HPCL

  4. Shri Anuj Mehrotra – Executive Director (I/C) Natural Gas, HPCL

  5. Shri Indrajit Dasgupta – Chief Financial Officer, HPCL Rajasthan Refinery Limited

  6. Shri Dinesh Nagesh Naik – Executive Director – Tax, HPCL

  7. Smt. Srividya Venkataraman – Executive Director (Corporate Treasury), BPCL [Recommended]

  8. Shri Chakresh Kumar Jain – Executive Director Finance, Marketing Division, Indian Oil Corporation Limited

  9. Shri Aryasomayajula Radha Krishna – Director (Finance), Newspace India Limited

  10. Shri Venkataramana Narayanasetti – General Manager (Finance), NTPC Limited

  11. Shri Ashish Kumar Purwar – Chief General Manager (F&A-Pricing), GAIL (India) Limited

  12. Shri Nrusingha Behera – Chief General Manager (Finance), Odisha Mining Corporation Ltd.

Smt. Venkataraman’s recommendation marks a pivotal step in HPCL’s leadership transition, bringing in her extensive experience in corporate treasury and finance management. Analysts suggest her appointment is expected to strengthen HPCL’s financial strategy and operational efficiency.

 

Also Read: Shri Anupam Agarwal Recommended as Director (Finance) of ONGC by PESB

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About Smt. Srividya Venkataraman

Smt. Venkataraman has served BPCL in multiple senior finance roles, with a proven record in treasury management, financial planning, and strategic investment decisions. Her leadership has been instrumental in optimizing BPCL’s corporate finance operations, positioning her as a leading choice for HPCL’s finance head.

What This Means for HPCL

HPCL, one of India’s leading oil and gas public sector undertakings, plays a critical role in the nation’s energy sector. With the finance leadership poised to shift, stakeholders expect more streamlined financial operations, enhanced investment strategies, and strengthened fiscal governance.

 

Also Read: BPCL Announces Key Senior Management Changes with Executive Retirements

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