Management Change13 Oct 2026, 05:50 pm
HOEC Appoints New CFO, Andrade Resigns
AI Summary
Hindustan Oil Exploration Company Ltd (HOEC) announced a change in its Key Managerial Personnel (KMP). Mr. Debabrata Das has been appointed as the new Chief Financial Officer (CFO) effective October 16, 2026, based in Chennai. This follows the resignation of Mr. Allen Joseph Andrade from the CFO position, effective October 15, 2026, due to personal reasons. Mr. Andrade will continue to support HOEC as a Financial Advisor, operating remotely from Mumbai. Mr. Das brings over 20 years of experience in senior finance roles across the energy and infrastructure sectors.
Key Highlights
- Mr. Debabrata Das appointed as new CFO effective October 16, 2026.
- Mr. Allen Joseph Andrade resigns as CFO effective October 15, 2026.
- Mr. Andrade to continue as Financial Advisor to the company.
- Mr. Das has over 20 years of experience in finance leadership.
- Appointment based on recommendations of Nomination and Remuneration Committee & Audit Committee.
Price Impact
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