Indian Oil Corporation Limited (IndianOil) has named Shri Anuj Jain as the company's Director (Finance). This appointment corresponds to MOP&NG's letter of October 9, 2023, as stated in an exchange filing. Simultaneously, with the appointment of Anuj Jain, Sanjay Kaushal has stepped down as the Company's Chief Financial Officer (CFO), with effect from the same day.
Anuj Jain had joined Indian Oil in 1996 and has over 27 years of rich and varied experience in the field of Finance, Taxation and Commercial aspects of the Oil & Gas industry. He has handled various assignments like Corporate Finance, Treasury & Fund Management, Supply Chain Optimization, Pricing, Shipping, Direct and Indirect Taxation, SAP and ERP system etc, as per psuwatch.
He is now the Refineries Headquarters' Chief General Manager (Finance). He was also Senior Vice President (Finance) at Lanka I0C PLC, a listed subsidiary of IndianQil in Sri Lanka, where he was in charge of the Finance department.
He was also Senior Vice President (Finance) at Lanka I0C PLC, a listed subsidiary of IndianQil in Sri Lanka, where he was in charge of the Finance department. He was also a member of the Board of Directors and the Audit Committee of Ceylon Petroleum Storage Terminals Limited (CPSTL), a key petroleum corporation in Sri Lanka. Shri Anuj Jain is actively involved in identifying and developing various business strategies for the Company's energy transition in the changing environment of India's energy sector.