Narendra Kumar Verma has taken over as the Managing Director of ONGC Videsh ltd, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC).
Prior to this, Verma, 55, was director for exploration in ONGC.The position of MD, OVl fell vacant on March 1 after Dinesh K Sarraf was elevated as chairman and managing director of ONGC.
Verma, before taking over as Director (Exploration), ONGC on April 1, 2013, was a director on board of OVl."At OVl, Verma was responsible for the growth strategy and business development with several high value acquisitions in last one year," a company statement said.
A M.Sc in Applied Geology from lucknow University and M.Tech in Petroleum Exploration from Indian School of Mines, Dhanbad, Verma also holds a Masters in Business Administration in Finance.
An accomplished geologist and manager, Verma is the recipient of prestigious 'National Mineral Award', the highest recognition by the Government of India in the field of geo-sciences, mining and allied areas, for his outstanding contribution to petroleum exploration.