Nishi Vasudeva today became the first woman to head a blue-chip PSU when she took over as the Chairman and Managing Director of Hindustan Petroleum Corp Ltd (HPCL).

Vasudeva, who turns 58 this month, was Director (Marketing) in HPCL before replacing Subir Roy Choudhury as the head of the company.

Choudhury retired yesterday on attaining the superannuation age of 60 years.

Vasudeva, who had created history in July 2011 when she became the first woman ever to make it to the board of cash-rich oil PSU, is also Vice President-Youth & Gender, World Petroleum Council, the company said in a statement here.

A management graduate from the Indian Institute of Management-Calcutta, she has a wide exposure in the Petroleum Industry spanning over 36 years in various streams like marketing, corporate strategy and planning, information systems, etc, the statement said.

Beginning her career in the oil industry with Engineers India Ltd, she served as Executive Director of LPG at HPCL and was also Chairperson of Bhagyanagar Gas Ltd.

(This article was published on March 1, 2014)
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