Mr. Sarthak Behuria
CHAIRMAN, INDIAN OIL CORPORATION LIMITED
Mr. Sarthak Behuria is Chairman, Indian Oil Corporation Limited, India’s largest commercial enterprise. He is also the non-executive Chairman of group companies, Chennai Petroleum Corporation Ltd., Bongaigaon Refinery & Petrochemicals Ltd.,, besides heading Indian Oiltanking Ltd. and IndianOil Skytanking Ltd., joint ventures with Oiltanking GmbH of Germany
Mr. Behuria heads several key industry organizations in India, like the Standing Conference of Public Enterprises, which is the apex body of public enterprises in India, the Petroleum Federation of India which represents the hydrocarbon industry in the country, and the Council of Indian Employers.
Mr. Behuria is a Board Member of the World LPGas Association, besides being its first Vice President.
An alumnus of the St. Stephen’s College, Delhi, and the prestigious Indian Institute of Management, Ahmedabad, Mr. Behuria joined Burmah Shell in 1973 before being absorbed in Bharat Petroleum Corporation Ltd., where he rose to the top position of Chairman & Managing Director. He had also served the erstwhile Oil Coordination Committee of the Ministry of Petroleum & Natural Gas, Govt. of India.
Under Mr. Behuria’s stewardship, IndianOil is transforming into a major, diversified, transnational integrated energy company, and has set its sight to reach US$ 60 billion revenue by the year 2010-11 from current earnings of US$ 41 billion. Besides consolidation in the core areas of refining and marketing, Mr. Behuria is pursuing a string of strategic initiatives across the hydrocarbon value chain for forward integration into petrochemicals and backwards into exploration & production, and diversification into natural gas business, besides globalisation of marketing operations.
In recognition of his distinguished career in the hydrocarbon sector, Mr. Behuria has been named among the top 10 most influential oilmen in India by Upstream, the internationally acclaimed oil & gas journal. Known to be a strong “people’s man”, he practices a management style that is both open and transparent. Widely travelled, Mr. Behuria has presented several papers in national and international fora. He is also a keen Golf and Bridge player.
