Rajarshi Gupta takes over as Managing Director of ONGC Videsh

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Rajarshi Gupta has taken over as the managing director of ONGC Videsh Limited (OVL), the foreign investment arm of state-owned Oil and Natural Gas Corporation (ONGC).

Important facts

• He will succeed Alok Gupta who retired last month.

• Prior to this, he was the Executive Director - Head of Corporate Strategy and Planning at ONGC.

• He has over 33 years of experience in supervisory, managerial and strategic planning capabilities in domestic and international operations of ONGC and ONGC Videsh.

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

• He has also worked for management and networking with key stakeholders like the Ministry of Petroleum & Natural Gas, Directorate General of Hydrocarbons, Department of Public Enterprises, NITI Aayog.

• He led the rollout and implementation of 15 transformational initiatives designed under ONGC Energy Strategy 2040.

• As Country Manager and President of the US subsidiary of ONGC Videsh, he established the Geological and Geophysical Centre of Excellence in Houston.

About ONGC Videsh 

• ONGC Videsh Limited is a Miniratna Schedule "A" Central Public Sector Enterprise (CPSE) of the Government of India under the administrative control of the Ministry of Petroleum and Natural Gas.

• It is a wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Limited (ONGC).

• ONGC Videsh Limited's primary business is to explore possibilities for oil and gas production outside India, including exploration, development and production of oil and gas.