Media Release
Mangaluru, Oct15: Pomila Jaspal has taken charge as director (finance), Mangaluru Refinery and Petrochemicals Limited (MRPL). She has been appointed by the Ministry of Petroleum and Natural Gas, Government of India. She was serving as executive director-corporate finance in ONGC before being appointed in MRPL.
Jaspal’s educational background is highly accredited and directly contributes to her field of operations. A fellow member of ICMAI and recipient of Dhanpati Goel Gold Medal from ICMAI, she has obtained B Com (Hons) degree from MCM DAV College, Chandigarh and M Com from Punjab University. Before joining ONGC, she had a short stint as Lecturer in HMV College, Jalandhar.
PomilaJaspal, joined ONGC in 1985 as finance & accounts officer and has risen to the coveted position of executive director-chief corporate finance. She earns the distinction of being the first lady officer in ONGC to occupy this top post. She has handled varied assignments, including corporate finance functions such as direct tax, indirect tax, investor relations, corporate budget & project appraisal etc. She is also the chairperson of women development forum, an ONGC forum dedicated to all women employees of ONGC. As a fitting recognition to her illustrious career, she was appointed on the Board of OPaL (ONGC Petro additions Limited) as woman director.
During her initial period, after completing 3 months Induction training at ONGC academy, she was posted at head office, Dehradun and handled key assignments and later with Joint Venture group at JVOG, Mumbai. She further had the opportunity to hone her skills with deputation at Directorate General of Hydrocarbons (DGH) in its formative years and was instrumental in developing the model Production Sharing Contracts (PSC) for many pre-NELP & NELP blocks. Subsequently, she was deputed to contract cell of MoPNG where she worked in different areas of gas pricing, Rangarajan Committee, Gas utilization policy, royalty committee, formulation of policies for smooth implementation of PSCs and monitoring the royalty and profit petroleum to GoI.
She also carries with her the rich exposure of ONGC Videsh, International arm of ONGC, handling the assignment of In-charge, Project Finance, for execution of almost all overseas projects (exploration and development) and was actively involved in smooth takeover and execution of new acquisitions of OVL. Subsequently, she became head-finance of Assam Asset, ONGC, and handled this challenging assignment for 4 years.
Given her multi-faceted personality, she is a beacon of light for all young lady officers to follow their dreams and achieve them through sheer hard work and focused approach. As director (finance) – MRPL, she brings to the table over 34 years of rich experience in various aspects of Finance in Oil Industry, both from operating and regulatory prospective. She is the first woman functional director in the Board of MRPL. She is well poised to guide MRPL in meeting emerging challenges on regulatory and dynamic business environment.