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 Key Managerial Personnel (KMP)        
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Shri Avinash Kumar Verma, Managing Director, OPaL

Shri Avinash Verma, assumed charge as Managing Director of OPaL on Monday, 15th April 2019. He succeeds Shri Avinash Joshi, IAS, whose tenure got over on 22nd February 2019. Shri Avinash Verma has close to four decades of experience in the field of petrochemical and hydrocarbon sector focusing on sales, business development, team leadership, organization building, strategy formulation & implementation, driving business growth & profitabilit

Prior to his appointment as MD-OPaL, he was working as Executive Director, Petrochemicals with Indian Oil Corporation Ltd. (IOCL), a globally recognised, fortune 500 company. Shri Verma has been associated with IOCL since 1983, in various positions in Oil & Gas and Petrochemical marketing. Shri Verma also piloted the launch of its Petrochemicals business.

Shri Verma is well known in the country’s Petrochemical industry and has been closely working with various Government-recognised bodies. He was on the Board of Directors of Indian Synthetic Rubber Pvt Ltd. and oversees responsibilities as the Vice President of Chemical & Petrochemical Manufacturers Association. He is also the Co-Chairman of Chemicals & Petrochemical Industry Committee in FICCI.

Shri Verma is a Mechanical Engineering Graduate of 1982 batch from G.S. Institute of Technology & Science, Indore, and holds a Post Graduate Diploma in Management from Management Development Institute (MDI), Gurgaon.

Shri Pankaj Wadhwa, CFO

Shri Pankaj Wadhwa has joined ONGC Petro additions Limited (OPaL) as Chief Finance Officer on 2nd August 2021. He has over three decades of experience in the field of Business Finance, Commercial, Marketing, Accounts, Taxation and Legal functions.

Prior to joining OPaL, Shri Pankaj Wadhwa was working as Senior Vice President at THINK Gas Investments Private Limited. He has also worked with Petronet LNG Limited (a JV Company of ONGC Group) as Senior Vice President, Chambal Fertilisers and Chemicals Limited, GAIL (India) Limited and CRISIL Limited. He was a member on the Board of Adani Petronet (JV for solid cargo port at Dahej) and THINK LNG Investments Private Limited. Shri Wadhwa is an MBA from Delhi University and a qualified Cost Accountant.


Shri Subodh Prasad Pankaj, Company Secretary

Shri Subodh Prasad Pankaj, Company Secretary & Compliance Officer, has over 28 years of experience in the field of Secretarial and Legal. Prior to Joining OPaL, he was working with HMT Group at Bangalore and Jindal Group, New Delhi as Company Secretary and Legal.

He is a Postgraduate in Commerce (Gold Medallist), LL.B, DCLM and ACIS (London). He is Fellow member of Institute of Company Secretary of India (ICSI).