Mohali April 4, 2021: University Business School, Panjab University, Chandigarh is proud of Subhash Kumar, who completed the Master of Commerce program of Panjab University with the distinction in 1983, for having assumed the additional charge of the Chairman and Managing Director of Oil and Natural Gas Corporation(ONGC) today, shared Prof. V.R. Sinha, Dean of UniversityInstructions, PU and Chairman, UBS. He also expressed that
it is a moment of pride for PU also.
Kumar is the Director (Finance) of ONGC, one of the Global 500 companies, since January 2018. Previously, he had a brief stint as Director (Finance) at Petronet LNG
Ltd, a role he took up in August 2017.
Kumar joined ONGC in 1985 as Finance & Accounts Officer (F&AO). After initially
working in Jammu and Dehradun, he had a long stint at ONGC Videsh, the overseas arm
of ONGC. During his tenure with ONGC Videsh, Kumar was associated with key
acquisitions and expansion of the company’s footprint from a single asset company in 2001
into a company with a global presence in 17 countries with 37 assets. He played a key
role in the evaluation and acquisition of many Assets abroad by ONGC Videsh.
He worked as Head Business Development, Finance & Budget and also as Head Treasury
Planning & Portfolio Management Group at ONGC Videsh from April 2010 to March 2015.
He then went on to serve as Chief Financial Officer of Mansarovar Energy Colombia
Limited, a 50:50 joint venture of ONGC Videsh and Sinopec of China, from September
2006 to March 2010.
Kumar joined back ONGC as Chief Commercial & Head Treasury of ONGC in July, 2016
where he played a key role in evaluation, negotiation, and concluding outstanding
issues pertaining to the organization.