State-owned oil marketing company Hindustan Petroleum Corporation Limited (HPCL) has appointed Srividya Venkataraman as Director (Finance) on its Board with effect from June 24, following approval from the Ministry of Petroleum and Natural Gas.
According to a regulatory filing, Venkataraman has officially assumed charge as Director (Finance). Her appointment is for a period of five years from the date of assumption of office, until her superannuation, or until further orders, whichever occurs earlier.
With her appointment, the additional charge of Director (Finance) that was being held by K S Shetty has ceased. Shetty had been overseeing the finance portfolio in addition to his responsibilities as Director (Human Resources).
Prior to joining HPCL’s Board, Venkataraman served as Executive Director (Corporate Treasury) at Bharat Petroleum Corporation Limited (BPCL). She brings more than 30 years of experience in the energy sector and has developed extensive expertise in corporate finance, treasury management, taxation, risk management, investor relations, capital markets, and business finance.
At BPCL, she was responsible for managing key financial functions, including treasury operations, insurance, investor relations, pension fund investments, pricing, and taxation. During her tenure, she played a pivotal role in strengthening the company’s capital structure, optimizing investment strategies, and enhancing risk management practices.
One of her notable contributions at BPCL was leading project financing initiatives worth more than ₹30,000 crore, supporting the company’s strategic expansion and long-term growth projects. Her efforts helped secure financial resources for major investments while ensuring prudent capital allocation and financial discipline.
Throughout her career, Venkataraman has held several leadership positions across BPCL’s treasury, retail, and LPG businesses. As Finance Head of the retail business, she contributed significantly to business expansion initiatives, digital transformation programmes, cost optimization measures, and governance improvements.
Her appointment comes at a time when HPCL is pursuing investments in refining, petrochemicals, clean energy, and energy transition initiatives. With her extensive financial and strategic management experience, Venkataraman is expected to play a key role in supporting the company’s growth plans, strengthening financial performance, and enhancing shareholder value.
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