Global Oil and gas major, bp has appointed Kartikeya Dube as Head of Country (HoC), bp India and Senior Vice President, gas and low Carbon, for India, with effect from July 1, this year
Sashi Mukundan who has been with bp for over 42 years, of which 15 were spent leading bp in India, will be retiring and will ensure a seamless transition to Kartikeya by September 30, 2024, the company said in a statement
In the last 20 plus years that he has spent with bp, Kartikeya has held senior roles in finance, commercialsand business transformation in India, Singapore and UK. Last year, he took the role of Vice President, Group Investor Relations in bp’s head office in London driving investor engagement. Previously, Kartikeya was closely involved with setting up the bp joint ventures with Reliance in India. From 2020 until 2023 he was the CFO for Jio-bp (bp’s mobility JV with Reliance in India), the statement adds.
Speaking on the development, Dube, said, “Now, more than ever, it is a very exciting time for India. We are proud to be associated with India’s energy journey for more than a century, and to have a strong and valuable partnership with Reliance Industries Limited that helps us deliver real value to customers. India is a crucial part of bp’s strategy as we pivot to being an integrated energy company and support the country’s aspiration for energy independence by 2047.I am excited to be taking forward our growth plans in India and build on the legacy created by Sashi Mukundan and the bp India team.”
Sashi Mukundan said. “From seeing the beginnings of our gas business go to heights of excellence jointly with Reliance Industries, producing natural gas from our KG basin block which at peak production of 30 mmscmd, will supply 15% of India’s gas demand; to Jio-bp which is helping meet India’s fast-growing demand for transport fuels and EV charging while providing employment to thousands across India.” He added “Kartikeya has a track record of building diverse teams and leading collaborating across businesses and disciplines in support of bp’s growth plans. I am confident that he will lead bp India to greater heights as we further demonstrate bp’s commitment towards supporting India’s ambition to be energy independent while creating additional growth opportunities both for bp and India.”