Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced that G. Krishnakumar has taken over as the Chairman and Managing Director of the company. Krishnakumar, an electrical and electronics engineer from National Institute of Technology, Tiruchirappalli and a postgraduate in finance management from Jamnalal Bajaj Institute of Management Studies, Mumbai, was executive director in the company before his elevation. He replaces Arun Kumar Singh, who retired as chairman in October 2022. Post that, Gupta was holding additional charge of the chairman. Krishnakumar will hold the position of chairman and managing director till April 2025 or until any further notice, whichever is earlier, according to an official order.
History of Bharat Petroleum Corporation Limited
The Burmah Shell was acquired by the Indian government on January 24, 1976, resulting in the creation of Bharat Refineries Limited. It changed its name to Bharat Petroleum Company Limited on August 1st, 1977. Also, it was the first refinery to process Bombay High, a recently discovered indigenous crude.
Important takeaways for all competitive exams:
- Bharat Petroleum Corporation Ltd. Sewree Fort Road, Near Sewree Station, Mumbai.