Indian Oil Corporation Limited (IOCL) has made a significant leadership move, appointing Saumitra Srivastava as its Director (Marketing). With a career spanning over three decades, Srivastava brings a wealth of experience and expertise to his new role, having led various strategic initiatives within the company.
As Director (Marketing), Srivastava will oversee Indian Oil’s marketing operations and infrastructure across India, driving innovation, customer outreach, and sustainability. He will also serve as Chairman of Indian Oil (Mauritius) Ltd and Indian Oil Petronas Private Limited, further strengthening IOCL’s global presence.
Srivastava’s appointment comes as no surprise, given his impressive track record within Indian Oil. As former Head of Corporate Strategy & Retail Transformation, he spearheaded initiatives such as mobile wallet-based fuel payments and the expansion of CNG networks nationwide. His leadership has driven innovations, transforming operations across over 23,000 retail outlets.
Srivastava has pioneered digital fuel payment systems, modernizing Indian Oil’s retail operations. He has also contributed to Indian Oil’s global growth, reinforcing the company’s sustainable energy agenda. His experience as Board Member at IOC Phinergy Private Limited and Lanka IOC PLC has further honed his global leadership skills.
With his retail expertise, Srivastava led retail transformation, enhancing customer satisfaction and operational efficiency. His appointment marks a significant milestone in IOCL’s leadership journey, solidifying its position as a global energy leader. With Srivastava at the helm, Indian Oil is poised to continue its growth trajectory, driving innovation and sustainability in the energy sector.
