New Delhi: Saumitra P Srivastava has officially taken charge as the Director (Marketing) at IndianOil Corporation Ltd (IOCL), India’s largest public sector energy company. With a career spanning over three decades, Srivastava brings deep expertise in downstream operations, retail strategy, digital transformation, and customer-centric marketing.
From IIT Roorkee to the Top of IndianOil
An alumnus of IIT Roorkee with a degree in Civil Engineering, and an Executive MBA from SP Jain Institute of Management & Research, Mumbai, Srivastava started his journey in IndianOil in the LPG business segment.
Over the years, he has taken on leadership roles in various domains including –
- Sales & Retail Operations
- Divisional leadership in New Delhi and Mumbai
- Zonal sales leadership in Uttar Pradesh and Uttarakhand
- State Head for Maharashtra & Goa
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Driving Innovation & Digital Transformation
Srivastava has been the architect of multiple transformation projects, including:
- Dhruva – The Retail Transformation Project
- Non-Fuel Convenience Store formats
- Several technology-led initiatives to modernize IndianOil’s marketing operations
He has also played a pivotal role in digitizing the customer experience, enhancing operational efficiency, and redefining IndianOil’s marketing roadmap.
From Strategy to Execution
Prior to his elevation, he served as Executive Director (Corporate Strategy), where he focused on:
- Strategic planning
- Enhancing customer satisfaction
- Improving operational metrics
Aligning corporate goals with sustainability and innovation
Vision as Director (Marketing)
In his new role, Srivastava will oversee IndianOil’s marketing operations and infrastructure across India, including:
- Retail, LPG, and aviation fuel businesses
- Marketing innovation
- Enhancing customer outreach
- Spearheading the transition to sustainable and future-ready fuels
His appointment comes at a time when IndianOil is accelerating its green energy transition and reinforcing its leadership in the evolving energy sector.
About IOCL
Indian Oil Corporation Limited (IOCL) is India’s largest integrated and diversified energy company and a Maharatna Public Sector Undertaking. It operates across the entire hydrocarbon value chain, including refining, pipeline transportation, marketing of petroleum products, petrochemicals, natural gas, and exploration and production. As a flagship national oil company, IOCL is vital to India’s energy security, with the largest market share, a vast network of refineries, pipelines, and fuel stations, and brands like Indane LPG.
