Mumbai (Maharashtra) [India], September 8 (ANI/NewsVoir): Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company has announced the appointment of Shri V.R.K. Gupta as the Director Finance of the company, and consequently he has taken over yesterday.
Prior to his elevation to the board, he was the CFO of the company. He has handled various functions of finances 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. and has played critical role in strategy formulation & implementation to ensure corporate governance compliance and monitoring key internal controls.
He is also a director on the board of Fino Paytech Limited, Fino Finance Ltd, Mumbai Aviation Fuel & Farm Facility Limited, Matrix Bharat Pte Ltd. and Bharat Oman Refinery Ltd., which is wholly owned subsidiary of 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 & Kochi and subsidiary Bharat Oman Refineries Ltd., at Bina, Madhya Pradesh have a combined refining capacity of around 37 MMTPA. Its marketing infrastructure includes network of installations, depots, retail outlets, aviation service stations and LPG distributors. Its distribution network comprises over 19,000 Retail Outlets, 6,600 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 52 LPG Bottling Plants, 60 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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