India’s public sector landscape is witnessing a significant shift as three senior executives from leading PSUs—Garden Reach Shipbuilders & Engineers Ltd. (GRSE), Bharat Petroleum Corporation Limited (BPCL), and Mishra Dhatu Nigam Ltd. (MIDHANI)—prepare to retire by the end of May 2025.
Mr. Ramesh Kumar Dash to Retire from GRSE
Mr. Ramesh Kumar Dash, Director (Finance) and Chief Financial Officer of GRSE, will superannuate on 31 May 2025, concluding his tenure that began on 1 July 2020. A postgraduate in Commerce, a Bachelor of Law, and an Associate Member of the Institute of Cost Accountants of India, Mr. Dash brought a wealth of expertise to GRSE, spanning finance, taxation, accounts, budgeting, treasury, MoUs, audit, and corporate governance. He was recognised with the Best CFO Award 2022 in the Public Manufacturing (Medium) Male category by the Institute of Cost Accountants of India, a testament to his significant contributions to GRSE’s financial leadership.
Mr. P. V. Ravitej Concludes a 38-Year Journey with BPCL
BPCL also marked the retirement of Mr. P. V. Ravitej, Executive Director Incharge of the Bina Petchem & Refinery Expansion Project, who departs after an exceptional 38-year tenure. Mr. Ravitej’s career is distinguished by his leadership in major infrastructure expansions, including the Mumbai Refinery transformation and the Bina Refinery’s petrochemical upgrade. Known for his calm leadership and commitment to teamwork, he also made his mark as a sportsperson representing BPCL in Petroleum Sports Promotion Board tournaments. His balanced approach to work and wellness has set an example for future generations of PSU leaders.
Mr. Gowri Sankara Rao to Superannuate from MIDHANI
MIDHANI will bid farewell to Mr. Gowri Sankara Rao Naramsetti, who is set to retire as Director (Finance) and CFO on 1 June 2025. A Chartered Accountant and a commerce graduate from Andhra University, Mr. Rao began his professional journey in 1989 and joined RINL (VSP) in 1991, where he rose to the post of General Manager (F&A). He assumed his current role at MIDHANI on 27 October 2020 and has played a crucial part in steering the company’s financial management through challenging times.
These three retirements mark the end of distinguished careers and signal a phase of transition in the financial and operational leadership across India’s public sector enterprises.
