New Delhi: The Public Enterprises Selection Board (PESB) has issued a notification calling for applications for the position of Director (Finance) at Oil & Natural Gas Corporation Limited (ONGC). The vacancy will arise on May 1, 2026, after the superannuation of the current Director (Finance), Mr. Vivek Chandrakant Tongaonkar, who has held the position since July 1, 2024.
The deadline for submission of applications through the PESB portal is November 14, 2025, providing ample time for eligible candidates to apply. The role, which requires high-level financial management skills, will play a key part in steering ONGC’s financial strategies and operations, ensuring that the company’s growth is in line with its business objectives and the expectations of its stakeholders.
Eligibility Criteria and Application Process
To be considered for this prestigious role, applicants must meet specific eligibility criteria outlined by the PESB. Professionals from both the public and private sectors who possess substantial experience in financial management, especially in large-scale corporate environments, are invited to apply. The position is expected to attract candidates with a background in corporate finance, management, and policy implementation within the energy or related sectors.
The applicants must have experience in financial planning, corporate finance, or risk management at senior levels. The ideal candidate will also have a strong grasp of financial regulations, taxation, and government policies as they apply to a public-sector entity like ONGC.
Key Responsibilities of the Director (Finance)
As the Director (Finance) at ONGC, the selected candidate will be responsible for overseeing the financial operations of India’s largest oil and gas exploration company. The role demands expertise in strategic financial management, with an emphasis on budgeting, forecasting, risk management, and investment strategy.
The Director (Finance) will also work closely with senior management and the board of directors, providing them with sound financial advice to ensure that the company meets its corporate goals and remains financially sustainable. Additionally, the role includes overseeing the company’s financial reporting, tax planning, and compliance with applicable laws and regulations.
The Role in ONGC’s Future
This vacancy at ONGC holds significant importance as the company continues to evolve and expand its operations in the energy sector. ONGC is one of India’s most prominent public-sector enterprises, contributing significantly to the national economy by playing a key role in the oil and gas industry.
The Director (Finance) will play a pivotal role in managing the financial direction of the company during a crucial time of transition, as ONGC continues its initiatives for modernization and innovation in energy production and management. The position requires someone who can handle high-pressure situations and make decisions that have far-reaching impacts on the company’s financial health and its role in the global energy sector.
About ONGC
Oil & Natural Gas Corporation Limited (ONGC) is India’s flagship public sector undertaking (PSU) and a global leader in the exploration and production (E&P) of oil and natural gas. Established in 1956, ONGC has grown into one of the largest integrated oil and gas companies globally. The company is responsible for over 70% of India’s domestic oil and gas production, and it plays a critical role in ensuring the country’s energy security.
