Barua, who has worked with the company since October 1991, is an experienced professional in the oil and gas industry.
Following the retirement of Harish Madhav and Manas Kumar Sharma, Oil India Limited names Rupam Barua as its new CFO, effective July 1, 2024.
As per the announcement, Rupam Barua has been appointed as the new Chief Financial Officer (CFO) of Oil India Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Indian government. The company’s board of directors announced the news during a meeting on Friday, June 28, 2024.
Barua will take over as CFO on July 1, 2024, having been Executive Director of Finance & Accounts since July 1, 2023. Barua, who has worked with the company since October 1991, is an experienced professional in the oil and gas industry.
The board also declared during the same meeting that Manas Kumar Sharma, the director of exploration and development, and Harish Madhav, the director of finance and CFO, would be retiring. On July 1, 2024, both will step down as board directors.
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