IIT Bombay alumnus, Dr. Ranjit Rath (MSc. Applied Geology, 1994), was appointed as the Chairman and Managing Director (CMD) of India’s second-largest state-run oil and gas producer, Oil India Limited (OIL). Dr. Rath officially took over the position on August 2, 2022.

Dr. Rath has over 25 years of experience in the field of Geosciences and before taking over as CMD of OIL, Dr. Rath held several significant positions in the industry. He was the CMD of Mineral Exploration & Consultancy Ltd., the CEO of Khanij Bidesh India Limited, the Managing Director of Bharat Gold Mines Ltd., and the Director General of the Geological Survey of India.

Dr. Rath was honoured with the ‘National Geosciences Award’ given by the President of India, in 2016, for his service to the field of geosciences.