Gol Appoints Vikas Kaushal as the New CMD of HPCL for a 5-Year Term.
Appointment
In March 2025, the Government of India (GoI) appointed Vikas Kaushal, a private-sector consultant, as Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL), based in Mumbai, Maharashtra, for a five-year term.
- He succeeds Rajneesh Narang, Director (Finance), who had the additional charge of CMD since September 1, 2024.
- The Appointments Committee of the Cabinet (ACC) has approved the Ministry of Petroleum and Natural Gas (MoPNG) proposal for the appointment of Vikas Kaushal as CMD of HPCL, with a relaxation of the eligibility criteria.
Main Point :- (i) Vikas Kaushal has been the MD and Country Head for Kearney India, based in Mumbai, Maharashtra, for five years.
(ii) He has also served as an advisor and consultant to the leadership of several domestic firms, including HPCL, Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), Gas Authority of India Limited (GAIL), and many others.
(iii) Prior to this, he was twice elected to Kearney's Global Board of Directors, serving two full terms. He also chaired the finance, audit, and governance committees.
About Hindustan Petroleum Corporation Limited (HPCL)
Chairman & MD: Vikas Kaushal
Headquarter : Mumbai
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