Chairman & Managing Director
Mr. Sudhir Vasudeva is the Chairman & Managing Director of Oil and Natural Gas Corporation Ltd (ONGC), India's most valuable Maharatna public enterprise and currently world's number 2 Exploration & Production Company. Mr. Vasudeva is also the Chairman of ONGC Videsh Limited (OVL), having its corporate footprints in 15 countries across the globe.
A distinguished technocrat, Mr. Vasudeva was elevated to the Board of ONGC as Director (Offshore) in 2009 and took over as CMD, ONGC in 2011. He also Chairs the Board of Mangalore Refinery & Petrochemicals Ltd (MRPL) and five other ONGC Group of Companies (OPaL- ONGC Petro-additions Ltd, OMPL - ONGC Mangalore Petrochemicals Ltd, MSEZ- Mangalore SEZ Ltd, OTPC- ONGC Tripura Power Company Ltd and OMEL- ONGC Mittal Energy Ltd).
Under the professional stewardship of Mr Vasudeva, ONGC today is the highest Profit making and highest Dividend paying company of the country. It also remains among the top in the Indian bourses in terms of Market Valuation.
Mr. Vasudeva is the first business leader from Indian PSUs to be a Member of the Board of the United Nation's Global Compact, the largest voluntary corporate citizenship initiative in the world championing the cause of responsible business behaviour through its Ten Principles in the areas of human rights, labour standards, the environment and anti-corruption. He is also the President of Global Compact Network, India. For upholding the highest standard of Corporate Governance in the Boards of ONGC Group of companies, he has been conferred with Distinguished Fellowship of Institute of Directors in August, 2012.
Credited with many path-breaking initiatives in complex offshore project management, Mr. Vasudeva has also been conferred with the coveted CEPM-PMA Fellowship on Project Management in 2011. Thoroughly groomed in upstream petroleum business, Mr. Vasudeva is the Chairperson of Indian Council of Society of Petroleum Engineers (SPE) as well as Director At-large in SPE International Board of Directors, a first by any Indian. Mr. Vasudeva is also actively associated with many professional bodies like CII, FICCI, ASSOCHAM and AIMA.
A Chemical Engineer (with Gold Medal) with an Advanced Diploma in Management, Mr. Vasudeva champions active Industry -Academia relationship. He is the Chairperson of the Board of Governors of NIT, Raipur- his alma mater. He is also a Special Invitee in the Board of Governors of Pandit Deendayal Petroleum University, Gujarat
A keen advocate of corporate support for building sporting capacity in India, Mr. Vasudeva is the President of All India Public Sector Sports Promotion Board.
Chemtech Foundation conferred Mr. Vasudeva with the 'Outstanding Achievement in Exploration & Production' Award and Federation of Gujarat Industries bestowed him with the FGI Ratna Award in 2012.