Chennai Petroleum Corporation Limited (CPCL) has officially announced the appointment of Shri V.C. Asokan as a Non-Executive Nominee Director on its Board. Representing the holding company, Indian Oil Corporation Limited (IOCL), Shri Asokan brings over three decades of extensive experience in the oil and gas sector to this leadership role. His appointment is effective from April 2, 2026, strengthening the company’s strategic and operational oversight.
Leadership Transition
Chennai Petroleum Corporation Limited has strengthened its Board of Directors with the appointment of Shri V.C. Asokan. Serving as the Executive Director for the Tamil Nadu State Office and Southern Region at Indian Oil Corporation Limited, he joins the CPCL board as a Non-Executive Nominee Director. This appointment, effective April 2, 2026, ensures continued strategic alignment between CPCL and its holding company, IndianOil.
Professional Background and Expertise
Shri Asokan is a seasoned leader with more than 30 years of diverse experience in the energy sector. He holds a Master’s Degree in Business Management from the Regional Engineering College (REC), Tiruchirappalli. His career has been marked by significant contributions to various domains, including Petroleum Operations, Industrial Sales, Bunker Fuel Sales, and Retail Sales.
Throughout his career, he has successfully led key assignments across multiple Indian states, including Kerala, Karnataka, Tamil Nadu, Uttar Pradesh, and Gujarat. Furthermore, his international experience includes serving as Vice President (Sales) at Lanka IOC PLC, where he played a pivotal role in expanding fuel marketing operations and enhancing the company’s market presence in Sri Lanka.
Source: BSE
