Mangalore Refinery and Petrochemicals Limited announced that pursuant to the nomination of Shri Vivek Chandrakant Tongaonkar on the Board of MRPL by Ministry of Petroleum & Natural Gas (MoP&NG), Government of India (GoI), Shri Vivek Chandrakant Tongaonkar has been appointed as Additional Director and Director (Finance) on the Board of MRPL with Immediate effect. Shri Vivek Chandrakant Tongaonkar started his career in ONGC in March 1987. An engineering graduate from the College of Engineering, Pune he started his career as an Assistant Executive Engineer (Electrical) and worked in the Engineering & Construction Division of ONGC during the first decade of his career.

During this period he gained rich experience in the design, engineering, fabrication, installation, pre-commissioning & commissioning of Offshore facilities like well platforms, process platforms and pipelines. He enrolled for full time MBA (Finance) program in the Symbiosis Institute of Business Management, Pune by availing leave for higher education. After completion of the program, he laterally shifted to the Finance discipline in ONGC.

Shri Vivek Chandrakant Tongaonkar is an industry veteran with over 36 years of professional experience in diverse activities across the Exploration & Production (E&P) value-chain. Shri Tongaonkar grew up along the hierarchy and served in different capacities in ONGC. Shri Tongaonkar had extensive experience in Accounts, Audit, Budget, Treasury & Investments, Capital Investments, Commercial & Marketing, Taxation, JV Finance and Strategy.

He was Head of Investors Relation Cell of ONGC. As ED-Chief Corporate Finance of ONGC, he handled the crucial portfolios of Finance in the Organisation and steering the Organisation in its transformation journey. Before being appointed as the Executive Director - Chief Corporate Finance, he held the position of CFO, ONGC, from April 2021 to December 2021.

Prior to that he was the Executive Director - Chief Offshore Finance at Mumbai overseeing the finance functions of Mumbai Region which is ONGC's biggest operational and revenue area. He also took the initiative of centralizing the forex procurement which has resulted in substantial savings for the company. Under his dynamic leadership, Mumbai Finance team could deliver uninterrupted services during the challenging COVID times.