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Oil India Appoints Rupam Barua As New CFO

Oil India Limited appoints Rupam Barua as its new CFO, effective July 1, 2024, following the retirement of Harish Madhav and Manas Kumar Sharma

Oil India Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Government of India, has announced the appointment of Rupam Barua as its new Chief Financial Officer (CFO).

The announcement was made on Friday, June 28, 2024, by the company’s board of directors during a meeting. Barua, currently serving as the executive director of finance & accounts, will assume the role of CFO from July 1, 2024. A veteran in the oil and gas industry, Barua has been with the company since October 1991.

In the same meeting, the board also announced the retirement of Harish Madhav, Director (Finance) & CFO and Manas Kumar Sharma, Director of Exploration & Development. Both will cease to be directors on the board from July 1, 2024.