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Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

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Summary

Name Age Since Current Position

Shashi Shanker

58 2017 Executive Chairman of the Board, Managing Director

M. Selvamm

2017 Compliance Officer, Company Secretary

Alka Mittal

56 2018 Director ( Human Resources), Executive Director

Rajesh Kakkar

58 2018 Director (Offshore), Executive Director

Subhash Kumar

57 2018 Director (Finance), Executive Director

Desh Misra

2014 Director - Human Resources, Executive Director

Sanjay Moitra

2018 Director (Onshore), Executive Director

Navin Pandey

59 2018 Director - Technology and Field Services, Executive Director

Rajesh Srivastava

2019 Director (Exploration)

Rajiv Bansal

2017 Non-Executive Government Nominee Additional Director

Amar Nath

53 2017 Non-Executive Government Nominee Director

Amitava Bhattacharyya

65 2019 Non-Executive Independent Director

Sumit Bose

2017 Non-Executive Independent Director

Vivek Mallya

43 2017 Non-Executive Independent Director

Santrupt Misra

2017 Non-Executive Independent Director

Ganga Murthy

2017 Non-Executive Additional Independent Director

Deepak Sethi

2017 Non-Executive Independent Director

Biographies

Name Description

Shashi Shanker

Shri. Shashi Shanker serves as Executive Chairman of the Board, Managing Director of the Company. He holds a B.Tech degree in Petroleum Engineering from Indian School of Mines, Dhanbad and MBA with specialization in Financial Management from IGNOU. He undertook General Management Training from IIM, Lucknow and Leadership Development Programme at ISB, Hyderabad under "Shangsaptak" programme. He has more than 32 years of experience in Oil Industry and having wide exposure in diverse E&P activities both in on land & of fshore operations, R&D activities and spearheading the deep/ultradeep water drilling campaign of ONGC.

M. Selvamm

Alka Mittal

Dr. Alka Mittal serves as Director ( Human Resources), Executive Director of the Company. She has joined as Director (HR) of Oil and Natural Gas Corporation Limited on 27.11.2018. Dr Alka Mittal is a post graduate in Economics, MBA (HRM) and Doctorate in Commerce and Business Studies, she joined ONGC as a Graduate Trainee in 1985 and brings with her an extremely rich experience spanning over three decades. Dr Mittal is the first woman to hold the charge of a functional Director in the history of the Company. She is also on the board of ONGC Mangalore Petrochemicals Limited (OMPL) as ONGC nominee Director since August 2015. Prior to joining as Director (HR), Dr Mittal held the post of Chief Skill Development (CSD) of the Company. In her capacity as CSD she streamlined the activities and brought in uniformity in the working of the Skill Development Centres of ONGC. During this period, she has also implemented the National Apprenticeship Promotion Scheme (NAPS) in ONGC engaging more than 5000 apprentices across all work centres. Previously she worked as Head CSR at Corporate Office and took up major CSR projects across India. Earlier, she has led the HR-ER functions in various capacities across regions including Vadodara, Mumbai, Delhi and Jorhat, and was also the Head of Corporate Communications of ONGC during 2009. She has a special penchant for training and mentoring, and has trained more than 11000 GTs of ONGC since 2001 on "Corporate Governance" as part of their induction program. As a senior HR specialist, Dr Alka Mittal has made rich contributions in various professional forums and bodies. She is an Executive Committee member of NIPM (National Institute of Personnel Management), and was President of Forum for Women in Public Sector (WIPs) Northern Region till recently and heads the Women Development Forum of ONGC. Dr Mittal has always strived to foster the philosophy of equal opportunity employer and has contributed towards creating an inclusive workplace ecosystem in ONGC.

Rajesh Kakkar

Subhash Kumar

Desh Misra

Shri. Desh Deepak Misra serves as Director - Human Resources, Executive Director of the Company. He holds a Master’s Degree in Public Administration (MPA) from University of Lucknow. He has undergone Leadership Development Programme at IIM, Bangalore followed by overseas programme at Alberta School of Business, Calgary (Canada) and University of Texas (US) in 2013. Starting his career as Graduate Trainee, Shri Misra has left his imprint in diverse assignments given to him in three decades with the Company. He has been appointed by the Government of India to the Board of the Company, as its Director (Human Resources) w.e.f 01.08.2014. Since taking over, he has conceptualized and steered numerous sustainable HR Initiatives to enthuse the morale and motivation of the 33000 plus ONGC workforce. He brought in transparency and timeliness in Recruitment and Annual promotion process and also steered focused CSR programme across the Company in line with the social and gender inclusive policies of the Government of India. As a unique HR Initiative, under his mentorship he groomed a Team of 11 ONGCians, 6 of whom scaled Mount Everest in May, 2017 after passing through 7 Stage Training cum Evaluation process. As Chair of Asian-Pacific Resource Centre of United Nations Global Compact (UNGC) Network, India, D.D.Misra has steered “Industrial Water Benchmarking Study” for the first time in India. This study would finally lead to development of “Water Index”.

Sanjay Moitra

Shri. Sanjay Kumar Moitra serves as Director (Onshore), Executive Director of the Company. Mr. Sanjay Kumar Moitra has been appointee/ as the Director (Onshore) of Oil and Natural Gas Corporation Ltd by the Govt. of India. Accordingly, he assumed the charge on 18.04.2018. Mr. Moitra joined ONGC in the year 1982. He holds a BE degree in Mechanical Engineering and has also completed an Advance Management Course from Cambridge University, Uk in 2011. He has over 35 years of experience in Oil and Gas production activities at various Indian basins and conceptualized many out-of-box ideas for efficient resource management leading to implementation of a large number of complex and high-value projects in India's Oil and Gas industry. Before assuming the current charge, Mr. Moitra headed the Bassein & Satellite (B&S) Asset in Western Offshore, Mumbai.

Navin Pandey

Shri. Navin Chandra Pandey serves as Director - Technology and Field Services, Executive Director of the Company. Shri Pandey is a Mechanical Engineering graduate from Motilal Nehru Regional Engineering College, Allahabad (NIT, Allahabad). Mr. Pandey joined ONGC in 1982 and has a vast experience of over 36 years in the oil and gas industry. He held various key positions in both offshore and onshore portfolio, handling challenging assignments in oil and gas asset management, operations and services. He has a strong track record in project delivery with his excellent project execution skills. He has a rich experience in offshore deep-water/ shallow water as well as onshore drilling. As Operations Manager of deep-water areas, he brought about significant performance improvements in deep-water drilling operations. He is credited with successful management of floater drilling rigs Sagar Bhushan and Sagar Vijay. He was conferred CMD's 'Manager of the Year' award in 2007. As Asset Manager, CBM Asset Bokaro, he made a turnaround in the Asset operations by fast-tracking development activities in major CBM blocks including land acquisition and synergizing resource mobilization.

Rajesh Srivastava

Shri. Rajesh Kumar Srivastava is Director (Exploration) of the Company. Mr. Srivastava acquired Master of Science(Geology) from Lucknow University and Master's Degree in Engineering Geology from Indian Institute of Technology, Kanpur. Mr Srivastava joined ONGC as Geologist in 1984 at Krishna Godavari Basin, Rajahmundry. With over 35 years of experience, Mr Srivastava is an expert in up-stream hydrocarbon exploration from well site operations, development geology, seismic data interpretation to monitoring and planning of exploration. Mr Srivast?va began his career as an Exploration Geologist f rorri geologically complex KGPG Basin. At Institute of Reservoir Studies, Ahmedabad he was considered as one of the best hands in the trade of Reservoir Modelling for preparation of field development plans, simulation studies for production forecasts and techno-economic evaluation of pro'spects. He is credited to have introduced art/science of Geocellular Modeling in ONGC, Neelam being the first full field fine scale Geocellular Model for dynamic modelling for redevelopment. During his tenure at Exploration and Drilling Directorate, he was closely associated with the exploration and development activities of Assam & Assam-Arakan Basin, MBA Basin and Krishna-Godavari Basin and Cauvery Basin. He played a key role in the formulation of 'Hydrocarbon vision-2030 for North East India' driven by Ministry of Petroleum and Natural Gas. He has also evaluated several exploration and development blocks of Egypt & Sudan. As an acknowledgement for his contributions towards field development and hydrocarbon exploration, Mr Srivastava was honored with the National Mineral Award in year 2009.

Rajiv Bansal

Shri. Rajiv Bansal serves as Non-Executive Government Nominee Additional Director of the Company. He was earlier in Ministry of Electronics and Information Technology where he was looking after Digital Payments, IT Act, Aadhaar, and Internet Governance. During his career spanning about 30 years, Shri Bansal has, inter-alia, worked as Secretary, Central Electricity Regulatory Commission, Joint Secretary, Department of Heavy Industries, GoI and Director, Ministry of Civil Aviation, GoI. He served on the Boards of BHEL, NACIL, AYCL, Airline Allied Services Ltd and HMT and presently he is on the Boards of Global Innovation & Technology Alliance and Bharat Yantra Nigam Limited. He has also held important assignments in the State Government. He is a Civil Engineer by profession having graduated from IIT, Delhi in 1986. He has also obtained a Diploma in Finance from ICFAI, Hyderabad and an Executive Masters in International Business from IIFT, New Delhi.

Amar Nath

Mr. Amar Nath serves as Non-Executive Government Nominee Director of the Company. He was Joint Secretary (Exploration), Government Additional Director of the company. He is a Bachelor of Science (Mechanical Engineering) from National Institute of Technology, Kurukshetra, Kurukshetra University and MA (International Development Policy) from Duke University, USA. Shri Amar Nath was Secretary to the Department of Health, Government of National Capital Territory of Delhi prior to the present assignment. He has held the positions of Administrator of Union Territory of Lakshadweep, Chief Executive Officer of Delhi Urban Shelter Improvement Board, and Chief Executive Officer of Chandigarh Housing Board in Chandigarh. He has extensive experience of working in various Departments of Government at senior management positions such as Finance, Economic Planning, Tourism and Industrial Development in the states of Arunachal Pradesh, Pondicherry, Chandigarh and Delhi. Before joining IAS in 1994 he worked with State Bank of India and Steel Authority of India.

Amitava Bhattacharyya

Sumit Bose

Shri. Sumit Bose serves as Non-Executive Independent Director of the Company. He is presently Vice Chairman, National Institute of Public Finance and Policy (NIPFP). He was the Union Finance Secretary & Revenue Secretary in the Ministry of Finance, Government of India till his retirement in March, 2014. Thereafter, he was a Member of the Expenditure Management Commission. Educated at the Doon School, Dehradun (class of 1970), St. Stephen’s College, Delhi and the London School of Economics, he joined the Indian Administrative Service in 1976. In the Ministry of Finance, Government of India, he was also Secretary, Department of Expenditure from May, 2011 to August, 2012 and Secretary, Department of Disinvestment from February, 2010 to May, 2011. He was Secretary in the Thirteenth Finance Commission, from August 2007 to January 2010. Earlier, between 2004 and 2007, he was the Principal Secretary, Finance in the Government of Madhya Pradesh. As Joint Secretary in the Ministry of Human Resource Development, Government of India, between 1998 and 2003, he undertook the task of launching the Sarva Shiksha Abhiyan. He had also served as Secretary, School Education in Madhya Pradesh between 1994 and 1996.

Vivek Mallya

Shri. Vivek Mallya serves as Non-Executive Independent Director of the Company. He is a Fellow member of the Institute of Chartered Accountants of India, Certified Public Accountant (USA) and a Master’s Degree Holder in Commerce from Mysore University. He has a rich experience of practice as a Chartered Accountant. His practice areas include International Taxation, Income tax, Foreign Exchange Management Act and Banking matters. He also holds the position of Honorary President of a leading NGO in Bangalore. He regularly appears on popular Kannada News channels on Economic and Financial Matters and is a regular speaker at ICAI. He has also spoken at various International forums on Indian Tax and Economic matters. Travelled extensively, he also advises clients on cross-border structuring; Acquisition and Overseas direct investment matters and represents his clients before Enforcement Directorate, RBI, Income-tax Appellate and Assessment matters. Prior to Practising on his own, he was a Partner with PWC, a Big 4 Accounting Firm and AVP Finance with Thomson Reuters. As a part of PWC, he specialized in Aerospace and Defense matters as well. He handled significantly large assignments including dual-listed mergers, cross border acquisitions and restructuring, delisting and Asset Reconstruction.

Santrupt Misra

Dr. Santrupt B. Misra Ph.D. serves as Non-Executive Independent Director of the Company. is Independent Director of the Company. He is an Independent Director of your Company. Shri Misra holds Masters in Political Science from Utkal University and Personnel Management from Tata Institute of Social Sciences; he also possesses Doctorates in Public Administration from the Utkal University as well as in Industrial Relations from Aston Business School, United Kingdom. He has over 30 years of professional experience in global business, research and organizational development. He is a part of the Aditya Birla Group since 1996. Prior to joining the Aditya Birla Group, he had also worked at the J.K Group, the Tata Institute of Social Sciences and Hindustan Lever, India. Dr. Misra was conferred with an honorary D.Sc. degree by his alma mater – the Aston University, UK. Under his leadership as the Director HR, the Aditya Birla Group has developed a strong employer brand and has acquired laurels as the ‘Best Employer of India’ and a ‘Great Place for Leaders to Work’. He holds the following positions in various Companies: • CEO, Carbon Black Business and Director, Group Human Resources, Aditya Birla Group. • Director on the Board of Aditya Birla Management Corporation Private Limited, the apex decision making body of the US $42 billion Aditya Birla Group. • Director on the Boards of Alexandria Carbon Black Company Limited; Thai Carbon Black Public Company Limited; Indigold Carbon Mauritius Limited and SKI Carbon India Pvt. Ltd. Dr. Misra is on other professional bodies such as the Association of Executive Search Consultants (AESC) U.S.A. and the SHRM Certification Commission, USA. He was the National President of the National HRD Network and is on the Boards of: - • National Institute of Technology Rourkela, Bhubaneswar. • Asian Heart Institute & Research Centre Pvt. Ltd., Mumbai • Xavier’s Institute of Management Bhubaneswar.

Ganga Murthy

Deepak Sethi

Shri. Deepak Sethi serves as Non-Executive Independent Director of the Company. He is a Commerce Graduate and a Fellow member of the Institute of Chartered Accountants of India, having rich experience of 32 years practice in conducting Statutory, Tax and Internal Audits of Companies, Partnership Firms, Proprietary concerns, Schools, Universities, Hospitals, Trusts etc and is known for his work discipline, expertise, straightforward approach and professional presentations on various legislative, accounting and other developments. He has an extensive practice of Direct & Indirect Taxation and has appeared before Appellate Tribunals of Service Tax, Sales Tax, Income Tax etc. He also possesses experience of Statutory audit, inspection and revenue audits of Public Sector Banks, loss assessment for insurance Companies, Bank Financing for Manufacturing Trading & Services providers, Financial advisory & consulting work for Corporate and HNIs.

Basic Compensation

Name Fiscal Year Total

Shashi Shanker

10,120,000

M. Selvamm

4,870,000

Alka Mittal

6,480,000

Rajesh Kakkar

8,740,000

Subhash Kumar

6,850,000

Desh Misra

6,640,000

Sanjay Moitra

8,740,000

Navin Pandey

7,250,000

Rajesh Srivastava

--

Rajiv Bansal

--

Amar Nath

--

Amitava Bhattacharyya

--

Sumit Bose

990,000

Vivek Mallya

1,080,000

Santrupt Misra

620,000

Ganga Murthy

870,000

Deepak Sethi

790,000
As Of  31 Mar 2019