K.S. Shetty Appointed As Director Of Finance At HPCL, K. Vinod Appointed As CFO & Rajneesh Narang Retires

K.S. Shetty has been appointed as Director of Finance at Hindustan Petroleum Corporation Limited, effective June 1, 2026.

Further, K. Vinod, Executive Director of Corporate Finance & Additional Charge of Treasury of the company, has been appointed as Chief Financial Officer (CFO) with effect from June 1, 2026.

Meanwhile, Rajneesh Narang has retired as Director of Finance and Chief Financial Officer (CFO) upon completion of his tenure, effective May 31, 2026.

Shetty is a Society for Human Resource Management (SHRM) Senior Certified Professional and serves on the AIMA Core Committee on HR and the National Council of the Indian Society for Training and Development (ISTD). Since October 2022, he has been a board member of HPCL’s wholly owned subsidiary, HPCL LNG Limited (HPLNG). At HPCL, he oversees talent acquisition, capability development, succession planning, performance management, rewards, employee relations, and discipline management, along with labour law and regulatory compliance. Shetty is a human resources professional with more than 25 years of experience at HPCL. He is a Gold Medalist in Human Resource Management from Andhra University and holds a Diploma in Sustainable Development from the Swedish Institute, Stockholm. He has also completed the Advanced Management Program from MDI Gurgaon and ESCP Europe Business School, Paris.

Vinod is a commercial and finance professional with more than 25 years of experience in the crude oil refining and petroleum products marketing sector. He has spent over two decades with HPCL, holding positions including Chief General Manager (CGM) of Commercial, LPG SBU; GM of Commercial, LPG SBU; and Deputy GM of Commercial across aviation, integrated margin management, and international trade functions. Vinod is a Chartered Accountant, a Certified Information Systems Auditor (CISA), and holds a bachelor’s degree in Corporate Secretaryship and Commerce from D.G. Vaishnav College.

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