Shri V. Satish Kumar, a Mechanical Engineer and a post graduate in Management from University of Lubljana, Slovenia, has over 3 decades of rich experience in marketing of petroleum products in various geographies of the country. He was appointed as Director (Marketing) of IndianOil w.e.f. 28th October 2021. On 1st September 2024, he was entrusted the additional charge of Chairman, IndianOil, while continuing his current position of Director (Marketing).
As Director (Marketing), he ensured uninterrupted supplies of petroleum products across the various geographies even during the times of natural calamities or other disruptions, exemplifying the spirit of “Nation First “and “On Duty Always”. During his tenure, IndianOil embarked upon large scale modernisation of its retail outlets with new retail visual identity and setting up of new bottling plants, terminals and large retail outlets with wayside amenities on highways in line with Prime Minister’s vision. Shri V. Satish Kumar has laid special focus on improving brand equity of IndianOil due to which the IndianOil’s brand strength index attained 9th rank in 2023 and moved up to 3rd rank in top brands in Oil & Gas companies across the world.
Shri V. Satish Kumar also held the additional charge of Director (Finance) for a period of one year from October 2022. Prior to joining as Director (Marketing), he was heading the marketing network in the States of Madhya Pradesh & Chhattisgarh as Executive Director and State Head, Madhya Pradesh State Office. During his career, he has been instrumental in implementing key business initiatives like Direct Benefit Transfer for LPG consumer (DBTL), Pradhan Mantri Ujjwala Yojana (PMUY), etc. which have been widely acknowledged for their social and environmental impact.
Shri V. Satish Kumar is also the Non – Executive Chairman of IndianOil (Mauritius) Ltd. (Wholly owned subsidiary of IndianOil) and IndianOil Petronas Private Ltd. (IPPL), a Joint Venture of IndianOil and Petronas, Malaysia. During his tenure, record volumes of LPG Imports were handled by IPPL, which helped the country in meeting the increase in the LPG demand under the Govt. of India’s ambitious PMUY Scheme. Shri Satish Kumar has widely travelled and has addressed many National as well as International Energy conferences.
Mr Nikhil Deep Mathur, age 58 years, is an Executive Director (Retail Transformation) with Indian Oil Corporation Ltd, and has 32 years experience with India’s largest enterprise Oil Refiner and Marketeer ‘Indian Oil Corporation Ltd’ (2023 Turnover USD 105 Bn Fortune 94) in its Petroleum downstream operations of Sales, Marketing, Construction & Maintenance of facilities for consumer products thru Retail Outlets pumps (B2C) as well as Industry (B2B) in India.
He has handled tankage projects for bulk storage facilities; construction of petrol pumps; construction of railway loco fuelling facilities for 5 years.
He has managed sales and maintenance of retail outlets and bulk facilities of company and customers as a sales person for 27 yrs in various capacities in the hierarchy and has led sales teams across India managing petroleum outlet network in urban, highway & rural markets, Development of new outlets; Govt coordination for maintenance of essential POL services etc. He has also been positioned at Marketing Head Office in Retail Sales vertical for 6 years, involved in policy, strategic projects, Int’l market entry projects.
Mr Mathur is a Civil Engineering graduate from the prestigious Birla Institute of Technology and Science (BITS) at Pilani (Rajasthan, India). He further completed his Executive Int’l MBA from the prestigious Management Development Institute (MDI), Gurgaon with an International Module at ESCP-EAP at its Paris and Berlin campuses.
Mr Nikhil Deep Mathur is currently posted as Executive Director (Retail Transformation) at Indian Oil Corporation’s Marketing Head Office at Mumbai, in-charge of Retail Strategy including transitioning into renewable energy resources for consumers like CNG, EV Charging, battery swapping.
Mr Mathur has been nominated to the board of directors of Lanka IOC, a listed company in Sri Lanka w.e.f. 21st March 2024 by the parent company Indian Oil Corporation Ltd.
“ Mr. R V N Vishweshwar is working with Indian Oil Corporation for the last 31 years and holding the position of Executive Director (Corporate Finance & Treasury) at Corporate Office, New Delhi. He has completed B.Com(Hons) and Bachelor of Law from Delhi University. He is an Associate Member of the Institute of Cost Accountants of India. During the span of 31 years of service, he has handled various key positions at different levels in IOCL.
He began his career at Digboi Refinery, Assam wherein he handled consolidation of accounts, banking, insurance, payroll, revenue/capital payments. He was actively involved in data and system interface for development of financial management system in Ingres RDBMS, during migration to Oracle and was also the key coordinator for SAP implementation.
His stint at Corporate Treasury for about 5 years he covered Fx transactions – spot + derivatives(plain vanilla Forwards/Options/Swaps and Range forwards), managed overall cash flow, monitoring for the purposes of risk management, arrangement of funds – Fx as well as domestic.
While posted at Refineries Headquarters he oversaw activities of Trusts related to Provident Fund, Pension, Gratuity, Post Retirement Medical Benefit etc. catering to the retirement benefits of employees and also handed payroll.
He was the Team Lead for SAP – FICO group at Indian Oil. He oversaw migration towards GST implementation, New GL activation, CRM and implementation, facilitating SAP interface for IOC foray into CGD business. He also oversaw SAP-HR and SAP-MM module during his tenure.
During his stint with Marketing Division at Mumbai, he was overseeing Taxation (Direct as well as Indirect), spearheading the digital initiatives and was heading the Finance function of Marketing Division before moving to his next role as Executive Director (Corporate Finance & Treasury) at Corporate Office, New Delhi.
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