New Delhi: M K Surana has taken over as the new chairman and managing director of Hindustan Petroleum Corporation Ltd (HPCL), India's second largest state oil refining and marketing company.
The government appointed him as the head of HPCL on retirement of Nishi Vasudeva on March 31, a company press statement said here.
Prior to this appointment, Mr Surana was chief executive officer of Prize Petroleum Company Limited, a wholly-owned subsidiary and upstream arm of HPCL, since September 2012.
Mr Surana is a mechanical engineer, with a Master's degree in financial management.
"He has a wide exposure in the Oil and Gas Industry spanning over 33 years, handling various responsibilities including business leadership positions," the statement said.
"He has been closely involved in strategy formulation, business process re-engineering, major projects implementation, refinery operations, corporation wide ERP implementation and acquisition & management of upstream assets," it added.
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