Sukla Mistry Takes Over As First Woman Director On Indian Oil Board

Sukla Mistry on Monday took over as the first woman functional director on the board of Indian Oil Corporation (IOC), the nation's largest oil refining and fuel marketing company.

She has taken over as Director (Refineries) of IOC, India's highest-ranked energy public sector enterprise, the company said in a statement. "Mistry is the first woman functional director on the IOC board."

She will also be holding the positions of director on the board of Chennai Petroleum Corporation Ltd (CPCL) and the 60 MMTPA Ratnagiri Refinery & Petrochemical Ltd, the world's largest grassroots refinery project coming up in Maharashtra.

Mistry will continue to hold the post of non-executive director on the board of IHBL, a joint venture company of three leading oil and gas central PSUs.

As Director (Refineries), she "shall spearhead the business and operations of nine refineries and petrochemical plants of IOC," it said.

IOC is the nation's top refiner with a group refining capacity of 80.55 million tonnes per annum (1.64 million barrels per day).

A metallurgical engineer from Bengal Engineering College, Calcutta University, Mistry also holds an Advanced Diploma in Management from ICFAI and certification in Industrial Radiography & Ultrasonic Non-Destructive Testing.

Prior to taking over as Director (Refineries), she was heading IOC's 6.0 million tonnes per annum Barauni refinery in Begusarai of Bihar as the only woman Executive Director & Refinery Head leading an IOC refinery.

"Some of the major achievements under her tenure have been the implementation of the mega BS-VI projects, the roll-out of BS-VI grade fuel from the refinery much before its stipulated timeline, supply of ethanol-blended petrol and XP-100 petrol, setting-up of Continuous Catalytic Reforming Unit by sourcing reformates from other refineries, thereby increasing the GRM of the refinery," the statement said.

Mistry is also the first woman in IOC to hold the position of Executive Director & Refinery Head of a company unit -- first at Digboi Refinery (Assam) from January 1, 2018, to February 7, 2019, and then later went on to lead Barauni.

She was the only Indian woman selected for deputation to Qatar Petroleum (at Qatar site) in April 2004 and Emirates National Oil Company (Dubai) in March 2002 for the execution of the mega Linear Alkaline Benzene Project and plant turn-around inspection, respectively.

"With over 35 years of extensive experience in refining and petrochemicals operation, she has also been a key part of the prestigious team that set up India's largest Naphtha Cracker Complex, including its captive power plant and Styrene Butadiene Rubber Project of Indian Synthetic Rubber Private Limited at Panipat Refinery. The Styrene Butadiene Rubber Project received the best infrastructure project award from Dun & Bradstreet in 2015," the statement added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RECENT NEWS

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more

JPMorgan And Small Caps Lead Market Rally: A Sign Of Economic Optimism

In a week marked by strong financial performance, JPMorgan Chase & Co. reported a 25% rise in profits, and US small-... Read more

Big Banks Vs. Regional Banks: The Battle For Market Share

The financial industry is a competitive landscape where big banks and regional banks vie for market share. Each type of ... Read more

The Evolution Of Philanthropic Advisory Services In Private Banks

The landscape of philanthropic advisory services provided by private banks has undergone a significant transformation. T... Read more