Speaker
 

Mr Subir Raha
Chairman & Managing Director, Oil & Natural Gas Corpn Ltd

Shri SUBIR RAHA, born on 28.8.1948, graduated in Electronics & Tele-communication Engineering from Jadavpur University in 1969, with medals for securing highest marks in the University in the paper on “Modern World”, Best All-rounder Graduate of the Year of the Faculty of Engineering & Technology, and Best All-rounder of the year for the University. He took an MBA with Distinction from the University of Leeds in 1985. He is an alumnus of the Administrative Staff College at Henley, UK.

Shri Raha joined Indian Oil Corporation Ltd (IOCL), a FortuneGlobal 500 Corporate, as a Management Trainee in 1970. After a series of field and staff assignments in various disciplines, he joined the IndianOil Board as Director (Human Resources) in June 1998; concurrently, he held the charge of Business Development, Information Technology and Corporate Communications. At this time, he created and chaired several Joint Ventures of IOCL.

Before joining the IndianOil Board, Mr. Raha served on deputation (1996-98) with the Government of India as the Head of the Oil Coordination Committee, Ministry of Petroleum & Natural Gas. On this assignment, he managed national oil and gas logistics and worked on deregulation of the Oil & Gas Industry.

Shri Raha took over as Chairman & Managing Director of Oil and Natural Gas Corporation Ltd (ONGC) in May 2001; he is concurrently the Chairman of ONGC Videsh Ltd (OVL) and Mangalore Refinery & Petrochemicals Ltd (MRPL).

ONGC, with market capitalization of over 21 billion USD is ranked as the Most Valuable Company in India. ONGC’s net worth of over 75 billion USD, and net profit (2002-03) of 2.21 billion USD are the highest achieved by any Indian Company. ONGC Videsh Ltd (OVL), the wholly-owned subsidiary, is a multinational corporate with 3 billion USD investment abroad. MRPL, a potentially sick company, was taken over by ONGC in early 2003; the speed of MRPL’s turn-around is unprecedented in Indian Corporate history.

Shri Raha is an honorary Fellow of the All India Management Association and the Indian Institute of Chemical Engineers; he is a Fellow of the World Academy of Productivity Sciences. Among several other recognitions, he has received the “Eminent Engineer” Award from The Institution of Engineers (India), Delhi Chapter.

Shri Raha is Chairman of the Petrotech Society, a non-profit organization for promotion of academic excellence in Indian Oil & Gas industry. He is Chairman of the Research Council of the Indian Institute of Petroleum (IIP) under the Council of Scientific and Industrial Research (CSIR), Government of India. He is Chairman of the Hydrocarbons Committee of the Federation of Indian Chambers of Commerce & Industry (FICCI).

In the HRD context, Mr. Raha is the President of the National Petroleum Management Programme (NPMP), a learning network of Oil & Gas Companies in India. He is the President of the International Federation of Training & Development Organizations (IFTDO), comprising of 150 Associations / Institutions on Training & Development in 50 countries. Shri Raha is a Trustee of the IndianOil Foundation (IoF), which was conceptualized by him to preserve, protect and promote the archeological heritage of India.