V Satish Kumar

On 1st September, 2024, V Satish Kumar has been appointed as the chairman of the Indian Oil Corporation (IOC), India’s largest oil company, while continuing in his role as Director (Marketing).

Kumar, who has been serving as Director (Marketing) at IOC since October 2021, was given the additional charge of chairman following delays in appointing a full-time successor.
With a career spanning 35 years, Kumar has held key positions across various regions in India, contributing significantly to maintaining IOC's leadership in the petroleum product market.
From October 2022, he also held the additional charge of Director (Finance) during a period marked by geopolitical tensions due to the Ukraine-Russia conflict.
Kumar has experience working with multinational oil companies, having served as non-executive chairman of Indian Oil Petronas Pvt Ltd and Indian Oil Mauritius Ltd.