Profile

Shri V. Satish Kumar, Chairman, IndianOil

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. 28 th October 2021. On 1 st 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 9 th rank in 2023 and moved up to 3 rd 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) which have been widely acknowledged for their social 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 V. Satish Kumar has widely travelled and has addressed many National as well as International Energy conferences.