Oil and Natural Gas Corporation Limited announced that at the board meeting held on July 2, 2024 the Board of Directors has designated Shri Vivek Chandrakant Tongaonkar as Chief Financial Officer of the Company with effect from July 2, 2024 in place of Shri Devendra Kumar. Shri Vivek Chandrakant Tongaonkar, aged 58 years took charge as Director Finance & CFO of Oil & Natural Gas Corporation Limited (ONGC/the Company) on July 2, 2024. An engineering graduate from the College of Engineering, Pune, he started his career as an Assistant Executive Engineer (Electrical) in the Company in March 1987 and worked in the Engineering & Construction Division during the first decade of his career.

He gained rich technical experience of offshore facilities. Subsequently, he completed MBA (Finance) program in the Symbiosis Institute of Business Management, Pune and laterally shifted to the Finance discipline in ONGC. Shri Tongaonkar is an industry veteran with over 37 years of professional experience in diverse activities across the Energy value-chain.

He grew up along the hierarchy and served in different capacities in ONGC with extensive experience in Accounts, Audit, Budget, Treasury & Investments, Capital Investments, Commercial & Marketing, Taxation, JV Finance and Strategy. He was Head of Investors Relation Cell of ONGC. He held the position of CFO, ONGC, from April 2021 to December 2021.

Prior to his appointment as Director (Finance) of the Company, Shri Tongaonkar was Director Finance & CFO of MRPL during May 2, 2023 to July 1, 2024. Shri Tongaonkar is also the Chairman of Mangalore Special Economic Zone Limited (MSEZL), an ONGC Group Company.