S Radhakrishnan has assumed additional charge as chairman & managing director of Bharat Petroleum Corporation (BPCL) effective from Thursday. Ashok Sinha has demitted the office as CMD,after his term ended on Wednesday.
Radhakrishnan has been the director (marketing) of the company since 2002.
Radhakrishnan is a mechanical engineer from the Indian Institute of Technology,Chennai and an MBA from the Indian Institute of Management,Bangalore.
He has 33 years experience in the petroleum sector,including four years in a government advisory body,the Oil Coordination Committee of the ministry of petroleum & natural gas. He has also been the managing director of Bharat Shell,a joint venture company of BPCL and Shell International,between 1997 and 2002.
Radhakrishnan is currently the chairman of the joint venture companies,Indraprastha Gas and Bharat Stars Services and is director on the Board of Numaligarh Refinery,Sabarmati Gas,and Matrix Bharat Marine Services. A BPCL media release said Radhakrishnan has been at the forefront of BPCLs marketing initiatives and has spearheaded the effort by the company to innovate and offer value added products and services to customers. The company was the first to introduce branded petrol in the Indian market and has the largest loyalty programme for motorists through its smart card technology based Petro Cards and Fleet Cards, it said.
The BPCL corporate brand has been recently valued at $2.6 billion by Brand Finance and has been ranked No 6 across all categories in the listings done in tandem with a leading publication.