Petronet LNG Appoints Saurav Mitra as CFO for Five Years
Company - People | Apr 22, 2025 | EIN
Petronet LNG Limited, one of India's prominent oil and gas companies, has announced the appointment of Saurav Mitra as its new Director of Finance and Chief Financial Officer for a term of five years. Mitra's appointment, effective from April 2025, comes as a strategic decision to bolster the company's financial leadership following the conclusion of Vinod Kumar Mishra's tenure. Mitra brings over three decades of experience in finance, previously holding key roles at Indian Oil Corporation Limited, where he significantly contributed to enhancing corporate governance and auditing practices. His expertise spans various crucial financial sectors, including mergers and acquisitions and treasury management, which aligns with Petronet's growth objectives.
Sectors
- Oil and Gas
- Corporate Finance
Geography
- India – Petronet LNG is based in India, and the appointment concerns a role within one of India's key oil and gas companies.
Industry
- Oil and Gas – Petronet LNG is a major player in the energy sector, engaged in the import, storage, and regasification of liquefied natural gas in India.
- Corporate Finance – The appointment of a Director of Finance and CFO involves corporate finance responsibilities including mergers and acquisitions, treasury, and capital budgeting.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Petronet LNG Limited | Target Company | Company | An Indian oil and gas entity focusing on the import and processing of liquefied natural gas. |
| Saurav Mitra | Incoming CFO | Person | Appointed as Director of Finance and Chief Financial Officer at Petronet LNG. |
| Vinod Kumar Mishra | Outgoing CFO | Person | The previous Director of Finance and CFO at Petronet LNG. |
| Indian Oil Corporation Limited (IOCL) | Former Employer of Saurav Mitra | Company | A major company in India's oil and gas sector where Mitra held significant financial leadership roles. |