User:Ongcdelhicc1/sandbox
Dinesh Kumar Sarraf | |
|---|---|
 Dinesh K Sarraf at one of ONGC platforms in Mumbai High | |
| Born | September 3, 1957 |
| Education | Shri Ram College of Commerce |
| Title | |
| Board member of |
|
| Spouse |
Sarita Sarraf (m. 1984) |
| Children | 2 |
| Parents |
|
Dinesh Kumar Sarraf (born September 3, 1957) is the Chairman & Managing Director of Oil and Natural Gas Corporation Ltd (ONGC) [1]. Mr Sarraf is also the Chairman of ONGC Group of Companies, comprising - ONGC Videsh Ltd (a 100% subsidiary of ONGC, operating across 17 countries), Mangalore Refinery & Petrochemicals Ltd (MRPL), ONGC Petro-additions Ltd (OPaL), ONGC Mangalore Petrochemicals Ltd (OMPL), Mangalore SEZ Ltd (MSEZ), and ONGC Tripura Power Company Ltd (OTPC). [2]
Early Life and Education
[edit]Mr. Dinesh K Sarraf was born on September 3, 1957, in the state of Haryana, India. He graduated in Commerce from Shri Ram College of Commerce, Delhi University and did his post-graduation from the same University. He is an associate member of the Institute of Cost and Works Accountants of India and the Institute of Company Secretaries of India. [3]
Career
[edit]Mr Sarraf has experience of over three and half decades in the oil and gas industry, having started his oil and gas career in Oil India Ltd. He joined ONGC in 1991 and handled various key assignments at corporate offices. He was elevated to the post of Director (Finance) in ONGC Videsh in 2005 where he served till 2007. During this period, ONGC Videsh made significant acquisitions in Syria, Brazil, Colombia, Venezuela, Cuba, Egypt and Myanmar. His negotiating power and capability to take quick decision came handy in concluding these deals that changed the very complexion of the prestigious sister concern of ONGC.[4] In December 2007, he joined back ONGC as Director (Finance).
In 2011, Mr. Sarraf went back to ONGC Videsh assuming the charge of Managing Director. [5]. As Managing Director, he transformed ONGC Videsh into an aggressive growth engine for ONGC Group by clinching many high value deals within a short span of time. He was instrumental in several oil and gas acquisitions in Mozambique [6], Brazil[7] and Azerbaijan by ONGC Videsh to ensure energy security for India. In March, 2014, he joined back ONGC as its Chairman & Managing Director. [8] As CMD, ONGC he has been focussing primarily on augmentation of production of Oil and Gas from domestic assets. As Chairman, ONGC Group of Companies, he primarily focused on building a diversified group portfolio of oil and gas Exploration and Production, Refining, Pipelines, Petrochemicals, Power, Renewables and Infrastructure development. As a result, ONGC’s all first integration projects have been commissioned and are performing remarkably well.
Mr Sarraf has driven extraordinary growth and strategic approach to oil and gas exploration and production for ONGC. ONGC was able to reverse a 7 year decline in the company's offshore oil production in 2015[9]. During the global crude price crash of 2014 [10], ONGC has strongly emphasised adoption of best operational & cost practices and appropriate oil and gas technologies, for realisation of greater operational efficiencies.[11] Under his leadership, ONGC has committed to the development of the country’s deepwater oil and gas resources with an investment of over $5 billion, a testament to his strategic decision-making in pursuit of domestic energy security. ONGC’s foray into the Deepwaters is all set to considerably reduce hydrocarbon import dependence and help the nation to move closer to being a gas based economy.[12]
Personal Life
[edit]Mr Sarraf was born to Mr Jai Deva Sarraf and Mrs Kusum Sarraf in Haryana, India. He is married to Mrs Sarita Sarraf, and has two children. He likes cricket and besides reading, he is always keen on innovations and disruptive technologies.
- Chairman & Managing Director, Oil and Natural Gas Corporation Ltd. (ONGC)
- Chairman, ONGC Videsh Limited (OVL)
- Chairman, Mangalore Refinery and Petrochemicals Limited (MRPL)
- Chairman, ONGC Petro additions Limited (OPaL)
- Chairman, ONGC Tripura Power Company Limited (OTPC)
- Chairman, Mangalore SEZ Limited (MSEZ)
- Chairman, ONGC Mangalore Petrochemicals Limited (OMPL)
- Director, Petronet LNG Limited (PLL)
- Chairman, ONGC Energy Centre Trust
- Chairman, Federation of Indian Petroleum Industry (FIPI)
- President, Global Compact Network, India (GCNI)
- Member, Governing Body, Council of Scientific and Industrial Research (CSIR)
- Co-Opted Member, Executive Committee, SCOPE
- Member, Advisory Council, Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
- Member, Board of Governors, Institute of Public Enterprise (IPE), Hyderabad
- Ex-Officio Member of the Executive Board of ISM, Dhanbad
- Member, Board of Indian Institute of Petroleum & Energy (IIPE) Society
- Member (Ex-Officio) of the Executive Committee of WEC, India
- Member, Council for Industry and Higher Education Collaboration (CIHEC)
- Member, India Pakistan Joint Business Forum (IPJBF)- CII
- Member, CII National Committee on Hydrocarbon
- Member, CII National Council on PSEs.
- Member, India Africa Business Council (IABC), FICCI
- Member, India-Japan Business Leaders’ Forum (IJBLF)¬-FICCI
- Member, India Russia CEOs Council-FICCI
- Member, Steering Committee, National Foundation for Corporate Social Responsibility (NFCSR) - an initiative of Indian Institute of Corporate Affairs.
- Chairman, ASSOCHAM National Council on Hydrocarbon
- Best CFO Award in Oil & Gas sector in India by CNBC in 2009 and 2011.
- 'IPE HR Leadership Award 2012' in the category 'CEO with HR orientation' on February 16, 2012
- “Corporate Excellence Awards for excellent corporate governance” by IPE, Hyderabad in June, 2013.
- “CEPM-PMA Fellowship” was conferred on December 2, 2013.
- Distinguished Fellowship 2015 was conferred for “imbibing leadership culture along-with highest standards of corporate governance” by Institute of Directors on July 10, 2015.
- Awarded as the “Legend CMD of the Year for Turning ONGC Highest Profit Making PSU” by News Ink Media on July 18, 2016.
- Honoured with “Basant Samman” for the year 2017 by IIT(ISM) Alumni Association, Dhanbad on February 5, 2017.
- Presented “Manav Rachna Excellence Award 2017” for Corporate and Industry on April 2, 2017 by Manav Rachna Educational Institution.
References
[edit]Citations
[edit]- ^ "ONGC Chairman & Managing Director". ONGC India. Retrieved December 21, 2016.
- ^ "Responsibilities and Affiliations of Mr D K Sarraf". ONGC India. Retrieved December 21, 2016.
- ^ "Membership details". ONGC India. Retrieved December 21, 2016.
- ^ "Five things to know about Dinesh Sarraf". India Public Sector. Retrieved December 21, 2016.
- ^ "Sarraf takes over as CEO and MD of OVL". The Times of India. May 2, 2014. Retrieved December 21, 2016.
- ^ "OVL completes 10% acquisition in Mozambique gas field". NDTV Profit. February 28, 2014. Retrieved December 21, 2016.
- ^ "OVL completes acquisition of 12 per cent stake in Brazil oilfield". The Hindu. December 31, 2013. Retrieved December 21, 2016.
- ^ "D K Sarraf takes over as CMD of ONGC". ONGC India. March 1, 2014. Retrieved December 21, 2016.
- ^ "ONGC oil production inches upwards after a 7-year decline". The Hindu Business Line. April 8, 2015. Retrieved December 21, 2016.
- ^ Arnsdorf, Isaac (October 30, 2014). "Why Oil Prices Went Down So Far So Fast". Bloomberg L.P. Retrieved December 21, 2016.
- ^ Kanwar, Raj (May 2015). "Despite lower crude prices, India's ONGC goes ahead with ambitious plans". World Oil. Retrieved December 21, 2016.
- ^ "ONGC approves USD 5 Billion deepwater development". Offshore Magazine. March 30, 2016. Retrieved December 21, 2016.
- ^ "Responsibilities and Affiliations of Mr D K Sarraf". ONGC India. Retrieved December 21, 2016.
- ^ "Awards, Fellowships & Accolades of Mr D K Sarraf". ONGC India. Retrieved December 21, 2016.