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Suman Kumar takes over as Indian Oil Director-Planning and BD
The Hindu
Suman Kumar, new Director at Indian Oil Corporation, leads expansion in petrochemicals, natural gas, green energy, and more.
Suman Kumar has assumed charge as Indian Oil Corporation’s Director (Planning & Business Development).
Prior to the elevation to the Board, he was heading the Exploration & Production (E&P) vertical as ED at the corporate office. A mechanical engineer from MIT Muzaffarpur with an MBA and advanced management training, Mr. Kumar has more than 30 years of experience. He played a pivotal role in the upscaling of the company’s natural gas, petrochemicals, city gas distribution and renewable energy businesses.
He has held leadership positions across LPG operations, petroleum product sales, energy conservation, and carbon emission mitigation.
In his new role, he will spearhead Indian Oil’s expanding business portfolio, including petrochemicals, natural gas, E&P, green energy, diversification initiatives and industrial explosives, IOC said in a release on Friday (February 28, 2025).
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For over a week now, the catchphrase ‘Fort Knox’ has been stealing the spotlight online, to be more specific, in the U.S. Several conspiracy theories started floating around it and even U.S. President Donald Trump and Tesla CEO Elon Musk, who is also the head of the U.S. Department of Government Efficiency, spoke about it in public. On February 20, 2025, President Trump, at the Republican Governors association meeting, said, “We’re going to inspect Fort Knox.”