Board of Directors

Mr. Rajneesh Narang, is Director Finance of Hindustan Petroleum Corporation Limited since March 22, 2022. He also held the Additional charge of Director (HR) from May 2022 to April 2023 and Additional charge of Chairman & Managing Director from September 01, 2024 to March 16, 2025 (till the date of appointment of Chairman and Managing Director).

Prior to his current roles, Mr. Narang served as the Executive Director – Corporate Finance & Chief Financial Officer (CFO) of HPCL. Throughout his extensive career at HPCL, he has managed several critical portfolios, including Executive Director – Finance (Marketing), Executive Assistant to the Chairman & Managing Director, and roles across Finance and Marketing SBUs (such as Aviation, Direct Sales, and Retail). He is also on the board of several HPCL subsidiary and joint venture companies.

A Member of the Institute of Chartered Accountants of India (ICAI) with a Master’s degree in Financial Management, Mr. Narang brings over three decades of rich and varied experience in the downstream oil sector. He has held various key challenging assignments in roles across Corporate Finance, Treasury, Risk Management, Margin Management, Marketing Finance, Budgeting, SBU Commercial, C&MD’s Office, and Refinery Project.

Mr. Rajneesh Narang is known for his Commercial acumen, innovative ideas and people-centric leadership. In his various roles, he has focused on investment in Human capital for building successful teams and individuals and able to perform and deliver exceptional results through positive engagement and a shared vision. His commitment to professional development is further enriched by advanced management programs at prestigious institutions such as London Business School, IIM Ahmedabad, and ESCP Europe. He is also a key technical speaker in in-house capability-building seminars and workshops.

Mr. S. Bharathan is the Director – Refineries of Hindustan Petroleum Corporation Limited effective October 1, 2022. He is a Post Graduate in Chemical Engineering with an impressive career spanning over three decades in the various streams of Refineries and Corporate at HPCL. He has extensive expertise in Refinery operations and cutting-edge technologies. In addition to his role at HPCL, he serves on the Boards of Hindustan-Mittal Energy Limited (HMEL), Mangalore Refinery & Petrochemicals Limited (MRPL), HPCL Rajasthan Refinery Limited (HRRL) and Ratnagiri Refinery & Petrochemicals Limited (RRPCL). He heads the Boards of Hindustan Biofuels Limited (HBL), and Prize Petroleum Company Limited (PPCL). Under his leadership, Mumbai Refinery has stabilized and achieved higher than design capacity from the first year of Operations itself. Visakh Refinery’s’ Modernisation Project is in advance stage of completion; with most of the major units already commissioned. Indias’ most modern and integrated refining cum petrochemical complex is nearing completion in Pachpadra, Rajasthan. HPCL’s refineries are also marching ahead with adoption of Digital Acceleration and process intensification technologies towards achieving net zero. He has worked in Refinery Operations and Technical Services for more than 20 years. Has commissioned several new units under Visakh Refinery’s VREP-2 and DHDS projects. He was the implementation manager for Integrated Refinery Business Improvement Program which was taken up for margin, energy and reliability improvements. He was heading Crude & Production Planning of Integrated Margin Management during its initial implementation period and optimized entire supply chain from procurement of crude to sales of products. As a head of Refineries Project Process, was instrumental in designing and adoption of latest efficient refining technologies which includes Indias’ first Residue Hydrocracker. He led the HPCL Green Research & Development Centre (HPGRDC) in Bengaluru for three years. During that time worked on technology development and commercialization of products & technologies. His profound knowledge extends to emerging technologies, advanced developments in the field of petroleum industries and energy transitions era. He was a part of important committees like Energy Transition Advisory Committee, Enhancing Petrochemicals production, Indigenization of Catalyst Manufacturing, Policy for Synthetic Fuels etc.

Mr. Amit Garg assumed the role of Director – Marketing on December 27, 2022. With over 37 years of diverse experience in the oil and gas industry, he brings a wealth of expertise, having driven strategic sales initiatives across every aspect of the value chain — from sourcing and storage to logistics, marketing, and customer experience. His customer focussed approach to achieving sales excellence has consistently delivered exceptional results, positioning him as a key leader in the industry. Mr. Garg oversees the comprehensive performance of all downstream verticals, including Retail, LPG, Industrial & Consumer Sales, Lubricants, and Aviation. He also leads the rapid expansion of HPCL’s marketing infrastructure, including cross-country product pipelines, storage capacities at POL locations, LPG plants, both retail outlet and LPG distributor networks, and CNG facilities at its outlets, with a strong focus on enhancing market reach, operational efficiency, and cost optimization. Mr. Garg, a postgraduate in Electronics and Management, assumed leadership at HPCL during challenging times in the hydrocarbon sector. Despite these challenges, he is steering the company's growth by diversifying its product portfolio to include petrochemicals, developing the CGD network, strategically venturing into biofuels and renewables, and establishing electric vehicle charging infrastructure at its retail network. Mr. Garg is placing a strong emphasis on substantially increasing non-fuel revenues (NFR) from customer touchpoints, while also prioritizing the adoption of cutting-edge digital technologies to elevate and transform the overall customer experience. In addition to his role at HPCL, Mr. Garg holds key leadership positions, serving as Chairman of HPCL Renewable & Green Energy Limited, a wholly owned subsidiary of HPCL, and as Chairman of Bhagyanagar Gas Limited, a JV between HPCL and GAIL. He also serves on the Board of HPCL Mittal Energy Limited (HMEL), a JV between HPCL and Mittal Energy Investments Pte. Ltd., Singapore (a Lakshmi N Mittal Group company), and HPCL Rajasthan Refinery Limited (HRRL), a JV between HPCL and the Government of Rajasthan. Prior to joining HPCL, Mr. Garg was Executive Director – Aviation at BPCL. His previous roles include serving as a full-time Director at Indraprastha Gas Limited, India's largest City Gas Distribution (CGD) company, and as a Nominee Director at Maharashtra Natural Gas Limited, a JV of BPCL and GAIL. Renowned for his proficiency in public speaking, Mr. Garg’s leadership is distinguished by a unique blend of ambition and empathy. His ability to clearly articulate HPCL’s vision and strategy has played a pivotal role in shaping the company’s marketing initiatives and driving its growth trajectory.

Mr. K S Shetty has assumed the charge of Director Human Resources of the Company effective May 01, 2023. Prior to this, Mr. K S Shetty was an Executive Director – Human Resources with additional charge of Employee Relations Department. Mr. K S Shetty is a Gold Medallist in Human Resource Management from Andhra University and also a distinguished alumnus of the Swedish Institute, Stockholm from where he completed his Diploma in Sustainable Development in 2012. He has also completed his Advanced Management Program from MDI, Gurgaon / ESCP Europe Business School, Paris. (2016). He is an SHRM, USA - Senior Certified Professional and is currently on the AIMA Core Committee on HR and also on the National Council of the Indian Society for Training and Development (ISTD). He is also on the Board of HPCL’s Wholly Owned Subsidiary Company (HPLNG), effective October 10, 2022. He has over 25 years of experience in HR in various capacities at HPCL. In his current role at HPCL, he is responsible for the entire gamut of HR/ER functions ranging from Talent Acquisition, Capability Building, Career and Succession Planning, Performance and Rewards Management, Discipline Management etc. He also has in-depth knowledge of various Statutory/ Regulatory requirements under various Labour Laws.

Mr. Balachandar S is the Chief Audit Executive of HPCL effective December 01, 2022. Prior to this, Mr. Balachandar was Chief General Manager – Corporate Finance of HPCL. He has also held various key portfolios including Zonal Finance head in one of the largest zones in HPCL, handling Taxation for HPCL etc. Among other assignments, he also held the position of Additional Director – Finance in one of the Oil & Gas Consortium in the forays of International Consultancy. He has held various key challenging assignments in HPCL in the field of Audit, Corporate Finance, Marketing Finance, Taxation, Budgeting & MIS.