Tuesday, August 3, 2021

Bharat Petroleum Appoints V.R.K. Gupta As CFO As N Vijayagopal Superannuates

·    Shri Gupta currently heads Corporate Treasury of the Corporation and has over 23 years of experience

·    Shri N. Vijayagopal superannuated from his responsibilities as at BPCL’s Director Finance on 31st July 2021, after an illustrious career of 34 years

Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company announced appointment of Shri V.R.K. Gupta as Chief Financial Officer as Shri N. Vijayagopal, Director (Finance) superannuated from the service on 31st July 2021, after an illustrious career of more than three decades.

In his rich career spanning 34 years, Shri N Vijayagopal has carried the financial baton of a company in its most challenging times, as the world battles the pandemic. He has always embraced complexities and uncertainties with a relish, thereby showcasing his leadership qualities to navigate storm.

Shri Gupta has been handling various functions of finance at BPCL since more than two decades now. He has a rich experience in the field of Corporate Accounts, Risk Management, Budgeting, Business Plan, Treasury Operations etc. He has played critical role in strategy formulation and implementation to ensure corporate governance compliance and monitoring key internal controls. Apart from currently heading the Corporate Treasury, he is also a board member of Fino Paytech Limited, Fino Finance Ltd and Mumbai Aviation Fuel and Farm Facility Limited.            

About Bharat Petroleum Corporation Ltd. (BPCL):

A Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the elite club of companies having greater operational & financial autonomy.

Bharat Petroleum’s Refineries at Mumbai and Kochi, subsidiaries Numaligarh Refinery Limited at Assam and Bharat Oman Refineries Ltd., at Bina, Madhya Pradesh have a combined refining capacity of over 40 MMTPA. Its marketing infrastructure includes network of installations, depots, retail outlets, aviation service stations and LPG distributors. Its distribution network comprises around 18,000 Retail Outlets, 6,600 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 52 LPG Bottling Plants, 58 Aviation Service Stations, 3 Lube blending plants and 4 cross-country pipelines.

With a focus on sustainable solutions, the company is developing a vibrant ecosystem. Bharat Petroleum has been partnering communities by supporting innumerable initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives’ as its core purpose, Bharat Petroleum’s vision is to be the most admired global energy company leveraging talent, innovation & technology.

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