Vikas Kaushal assumes charge as CMD, HPCL

March 19, 2025 | 16:37:02

He is a seasoned global leader with over three decades of experience in the energy domain.

NEW DELHI: Vikas Kaushal has assumed charge as the Chairman & Managing Director (CMD) of Hindustan Petroleum Corporation Ltd. (HPCL), a Maharatna Oil Company.

Kaushal is a seasoned global leader with over three decades of experience in the energy domain. A Chemical Engineering graduate from DCET, Panjab University, he holds an MBA from the Indian Institute of Management, Ahmedabad.

He started his career with ICICI Limited in Project Finance and Advisory Services before transitioning into global management consulting. Since 2000, he has been associated with A.T. Kearney, where he played a pivotal role in expanding the firm’s business in India. As a Partner for over 17 years, he led several high-impact initiatives, including serving as the Global Leader for Energy and Process Industries, where he managed a portfolio of major global energy clients, including international oil and gas majors. He also held the role of Managing Director and Country Head for A.T. Kearney India for five years and was Chairman of India Business until recently.

A two-time elected member of A.T. Kearney’s Global Board of Directors, Kaushal has also chaired the Finance & Audit and Governance Committees of the board, bringing extensive leadership in strategic planning, corporate governance, and financial management.

With deep expertise in oil & gas, power, renewables, and new energies, he has been a trusted advisor to India’s leading state-owned oil & gas companies, including HPCL, Indian Oil, BPCL, and GAIL, guiding them through large-scale transformation programs. He has also provided strategic counsel to global energy firms, shaping key industry initiatives.

An expert in energy transition, Kaushal has authored several influential thought pieces on oil & gas, power, and chemicals and is a regular speaker at national and international conferences.

Beyond his professional achievements, he Kaushal is deeply committed to talent development. He has successfully mentored professionals and continues to dedicate time to coaching young leaders, fostering the next generation of industry experts.

Under his leadership, HPCL is poised to strengthen its market position, accelerate innovation, and drive sustainable growth in India's evolving energy landscape.