Appointment Details

The Board of Directors of ONGC has approved the appointment of Shri Anupam Agarwal (DIN: 09601339) as Director (Finance) of the Company. The appointment is made pursuant to letter No. CA-31012/1/2026-CA-PNG-(55700) dated 03.06.2026 issued by the Ministry of Petroleum and Natural Gas, Government of India.

Shri Agarwal is not debarred from holding office by virtue of any SEBI Order or any other authority.

Term of Appointment

Effective from June 3, 2026, until the date of his superannuation on July 31, 2028, or until further orders, whichever is earlier.

Professional Profile of Anupam Agarwal

  • Brings over 35 years of experience in finance and commercial management within the oil and gas sector
  • Professional qualifications: Fellow Member of the Institute of Cost Accountants of India, Associate Member of the Institute of Company Secretaries of India, and Chartered Financial Analyst from ICFAI, Hyderabad
  • Educational background: Bachelor's degree in Commerce and Master of Business Administration (Finance) from Lucknow University
  • Joined ONGC in 1990 as a Finance & Accounts Officer and has held various assignments in finance domain across Baroda, Dehradun, Jorhat, Mumbai and Delhi

Previous Roles and Experience

  • Served as Director (Finance) of ONGC Videsh Limited since June 2022
  • Chairman of ONGC Overseas Investment Limited (OOIL)
  • Director on the Board of ONGC Videsh B.V., Amsterdam
  • Previously served as Executive Director – Chief Corporate Finance at ONGC, steering key corporate finance functions including Direct Tax, Indirect Tax, Policy matters, Investor Relations, Corporate Budget, Project Appraisal, and Bidding for NELP and DSF Blocks

Key Achievements Mentioned

  • At ONGC Videsh, played important role in advancing initiatives aimed at strengthening financial performance and organizational efficiency
  • Restructured overseas entities to improve governance, compliance and cost effectiveness
  • Enhanced treasury practices in international operating environment
  • Successfully mobilized funding in excess of US$ 3 billion through competitively structured financing arrangements
  • Established ONGC Overseas Investment Limited (OOIL) at GIFT City as the Group's Global Treasury Centre

Awards and Recognition

  • ASSOCHAM Best CFO Gold Award 2025 for Excellence in Finance Transformation & Innovation
  • CFO – Outstanding Performer Award at the CMA Awards 2024 from Institute of Cost Accountants of India (ICMAI)
  • During his tenure, ONGC Videsh received ICAI Silver Award for Excellence in Financial Reporting 2024-25 in Public Sector Entities category

Director Relationships

No relationships between directors disclosed.