Oil India Limited Welcomes New Director of Finance: Shri Abhijit Majumder

In a significant development, Shri Abhijit Majumder has taken over as Director (Finance) on the Board of Oil India Limited (OIL), effective November 20, 2024 ¹. This appointment marks a new chapter in OIL’s financial leadership, as Shri Majumder succeeds Shri Harish Madhav, who superannuated on June 30, 2024. [better-ads type=”banner” banner=”22076″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″ lazy-load=””][/better-ads] With over 32 years of experience in finance, Shri Majumder brings expertise in Financial Management, Corporate Governance & Compliance, Risk Management, Project Management, and Corporate Business Development. His illustrious career includes notable stints as: [better-ads type=”banner” banner=”22050″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″ lazy-load=””][/better-ads] – Senior Officer at OIL since 1998 – Head of Project Finance Department in OIL’s Bay Exploration Project – Deputation in DGH, India’s upstream regulator – CFO at HPOIL Gas Private Limited, a joint venture between OIL and HPCL A distinguished member of the Institute of Cost & Management Accountants of India, Shri Majumder holds a bachelor’s degree in economics, law (LLB), and a postgraduate diploma in Forex Management from ICFAI. He is also an alumnus of the IICA Valuation Certificate Program. [better-ads type=”banner” banner=”22068″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″ lazy-load=””][/better-ads] Key Leadership Team: – Shri Abhijit Majumder, Director (Finance), Oil India Limited – Shri Harish Madhav, outgoing Director (Finance) – Public Enterprise Selection Board (PESB)