New Delhi: Ramsankar Mishra, Senior Manager (Finance) at Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC Ltd., has been conferred with the 8th CMA Achiever Award – 2024 for Outstanding Performance under the Public Sector – Manufacturing – Mega category. The award was instituted by the Institute of Cost Accountants of India (ICMAI) to honour professionals who have demonstrated excellence in cost and financial management, governance, and strategic innovation.
Prestigious Ceremony Held in Presence of President of India
The award was presented at a grand ceremony on June 23 at Vigyan Bhawan, New Delhi, in the presence of the Hon’ble President of India, Droupadi Murmu, who graced the inaugural session as the Chief Guest. The award was formally conferred by Bhartruhari Mahtab, Member of Parliament (Lok Sabha) and Chairperson of the Standing Committee on Finance, along with ICMAI President Bibhuti Bhusan Nayak.
Recognised for Leadership in Finance and Strategic Disclosures
Mishra earned the accolade for his exceptional role in strengthening MRPL’s Central and Corporate Accounts function. His leadership was instrumental during the acquisition and amalgamation of ONGC Mangalore Petrochemicals Limited (OMPL), ensuring compliance with disclosure norms and implementation of industry best practices. His efforts significantly improved transparency and financial reporting standards at MRPL.
Championing Knowledge Sharing and CMA Profession
Beyond his corporate achievements, Mishra has been actively involved in voluntary knowledge dissemination. He has collaborated with business schools and professional bodies across Karnataka and India, delivering sessions on topics such as Advanced Accounting, Strategic Cost Management, Budgeting, Financial Management, and Regulatory Compliance. His outreach has helped in nurturing the next generation of finance professionals and advancing the value of Cost Audits and CMA practices.
Rigorous Evaluation by Distinguished Jury
The CMA Achiever Awards follow a rigorous three-tier selection process that includes nominations, screening, and a final evaluation by an eminent jury. The 2024 jury was chaired by Justice (Retd.) S.J. Mukhopadhaya, former Judge of the Supreme Court of India and ex-Chairperson of the National Company Law Appellate Tribunal (NCLAT).
A Moment of Pride for MRPL and ONGC
Mishra’s recognition is a matter of great pride for MRPL and its parent company ONGC, as he was one of the very few professionals from the public sector to be honoured in the ‘Mega Manufacturing’ category at the national level. His award underscores MRPL’s commitment to excellence in financial governance, professional development, and strategic cost management.
About MRPL
Mangalore Refinery and Petrochemicals Limited (MRPL) is a subsidiary of Oil and Natural Gas Corporation (ONGC) and operates a state-of-the-art refinery in Mangaluru, Karnataka, with a capacity of 15 million metric tonnes per annum. MRPL is a key player in the refining and petrochemicals sector and is actively expanding its footprint into biofuels and renewable energy domains