Hindustan Oil Exploration Company Appoints New CFO, Reconstitutes Board Committees
Hindustan Oil Exploration Company Limited announced several leadership changes and board committee reconstitutions on March 24, 2026.The company confirmed the resignation of Mr. N Sivalai Senthilnathan as Chief Financial Officer, effective March 28, 2026, citing personal reasons. Simultaneously, the Board appointed Mr. Allen Joseph Andrade as the new Chief Financial Officer, effective April 1, 2026.
Mr. Andrade brings over 40 years of international experience in the Oil and Gas, banking, FMCG, and entertainment sectors. He is a Fellow Chartered Accountant (FCA), holding certifications from ACMA (UK) and AICPA (USA). Previously, he served as VP/CFO for BG (Shell Upstream) in India, overseeing financial strategies, tax optimization, and regulatory compliance.
The company also reconstituted its Board committees, effective April 1, 2026. The composition of the Corporate Social Responsibility Committee and Risk Management Committee has been updated.
Risk Management Committee Composition
| Name of the Committee | Chairman / Member |
|---|---|
| Corporate Social Responsibility Committee | Mr. Pronip Kumar Borthakur, Chairman (NE-ID) |
| Corporate Social Responsibility Committee | Mr. Ashok Kumar Goel, Member (NE-NID) |
| Corporate Social Responsibility Committee | Mr. Baroruchi Mishra, Member (MD &CEO) |
| Risk Management Committee | Mr. Pronip Kumar Borthakur, Chairman (NE-ID) |
| Risk Management Committee | Mr. Ashok Kumar Goel, Member (NE-NID) |
| Risk Management Committee | Mr. Baroruchi Mishra, Member (MD &CEO) |
| Risk Management Committee | Mr. Krishnan Raghavan, Member (NDM) |
| Risk Management Committee | Mr. G. Janakiraman, Member (NDM) |
[NE-ID: Non-Executive Independent Director; NE-NID: Non-Executive Non-Independent Director; MD - Managing Director; CEO: Chief Executive Officer; NDM: Non-Director Member]
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