Mr. Shrikant Madhav Vaidya has been on the Board of Indian Oil Corporation Ltd. since October 2019 and took over as Chairman in July 2020.
Mr. Vaidya is a chemical engineer from National Institute of Technology, Rourkela and has over 34 years of experience in refining & petrochemicals operations. He has had a decade-long association with India's largest cracker plant – the Panipat Naphtha Cracker Complex, a major driver of IndianOil's petrochemicals business.
He is also credited for the timely rollout of BS-VI grade auto fuels across the country and commencing the supply of IMO-compliant bunker fuel with 0.5 per cent Sulphur and a special winter-grade diesel for high-altitude regions of the Himalayas.