Mumbai: Hindustan Petroleum Corporation Limited has announced the appointment of Mr. K.S. Shetty, currently serving as Director–Human Resources, to hold additional charge as Director–Finance. The move is aimed at reinforcing leadership continuity, financial discipline, and strategic governance within the organisation.
Leadership Decision to Ensure Financial Stability
The company stated that the decision reflects its commitment to maintaining continuity in senior management while ensuring strong oversight of financial operations. With this additional responsibility, Mr. K.S. Shetty will oversee key finance functions alongside his existing HR role.
Read also: HPCL and Tata Motors Partner to Develop Used Lubricant Collection and Recycling Ecosystem in India
Focus on Financial Discipline and Governance
HPCL highlighted that the appointment is designed to strengthen financial discipline and ensure smooth leadership continuity during a crucial phase of organisational growth. The initiative is expected to support long-term goals such as operational efficiency, fiscal prudence, and sustainable value creation.
Dual Role to Improve Cross-Functional Coordination
Mr. K.S. Shetty brings extensive experience in leadership and organisational management within HPCL. His expanded role is expected to improve coordination between human resources and financial planning, enabling better alignment across key business functions.
Supporting HPCL’s Long-Term Growth Strategy
The company said the leadership decision is aligned with its broader strategy to enhance governance standards and improve operational resilience. HPCL continues to focus on maintaining stability while adapting to changing industry dynamics and strengthening internal systems.
About HPCL
Hindustan Petroleum Corporation Limited is a Maharatna Central Public Sector Enterprise engaged in refining crude oil, marketing petroleum products, pipeline transportation, and renewable energy initiatives. The company operates major refineries in Mumbai and Visakhapatnam and has a strong nationwide network of fuel stations, LPG distribution, aviation fuel services, and lubricant businesses.
Read also: HPCL Q4 Results 2026: PAT Surges 133% to ₹17,175 Crore, ₹19.25 Dividend Announced, GRM at $8.79/bbl
