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On 4th February 2016, Managing Director inaugurated the office of MRPL Del Credere Associate (DCA) cum Consignment Stockist (CS) for Karnataka at Abhinandan Petro Pack in Bangalore. Located in heart of the city, the office shall facilitate for better co-ordination with the customers of Polypropylene. This DCA is among the better selling DCAs for MRPL Polypropylene and need was felt for an exclusive office in order to enhance the sales of Polypropylene in Karnataka.

 

MD, MRPL also interacted with the key customers who were present during the programme. The customers were in full praise for the quality and service provided by MRPL. It is worth mentioning here that MRPL has become market leader in Raffia Sector in Karnataka displacing all other well entrenched competitors.

MRPL has crossed the major milestone of 1 Lakh tonne cumulative sales of Polypropylene. MRPL is the fastest so far in India, as we have crossed this landmark in the shortest time span of 7 months. MD, MRPL took the opportunity to felicitate Mr.Rajkumar Sipani of Sipani Fibres whose truck load ensured MRPL to cross one lakh Tonne sales figure.

 


A K Sahoo takes over as Director Finance, MRPL

Date: 
1st Feb 2016

Shri Akshaya Kumar Sahoo, took charge as Director Finance of MRPL, the mini ratna - category 1, Schedule A, ONGC subsidiary.
Vide their order dated 9th November 2015, MoP&NG, Government of India, had appointed Shri A K Sahoo as Director Finance for the next 5 years effective post the super annuation of Shri Vishnu Agrawal on 31st Jan 2016.

 

Shri Sahoo brings to the table over 25 years of rich experience in various aspects of Finance and Finance Management, with 16 years specifically in Project implementation and management. Adding to his expertise is the fact that he has served in diverse sectors like Mining, Manufacturing, Service before turning to Refining and Petrochemicals Industry in India’s Oil & Gas.

Having started his career as a trainee with NALCO in 1989, Shri A K Sahoo worked in various capacities with various State and Central PSUs viz. Industrial Development Corporation of Odisha (1992), Odisha Hydro Power Corporation (1996), Dredging Corporation of India (2002) before joining MRPL on 30th March 2011. At the time of his assuming office of Director Finance, Shri A K Sahoo was General Manager, Finance, at MRPL.

Considering his proven track record in Corporate Accounts, Budget, Costing, Capital Expenditure, Procurement Planning, Material Management, Revenue Management, Establishment, Benchmarking, Treasury & Forex Management and expertise in project execution, the Public Enterprise Selection Board (PESB) GoI, had recommended him for the post of Director (Finance) for Mangalore Refinery and Petrochemicals Limited from amongst all applicants, on 15th July 2015.

Shri Akshaya Kumar Sahoo is a Fellow Member of the Institute of Cost Accountants of India. He is a Post Graduate in Analytical and Applied Economics from Utkal University, Odisha. from where he also graduated in science with a first class.

Shri Sahoo, DF with MD & GGMs

 

Shri Sahoo, DF Cutting and Sharing the Cake with MD

 

Shri AK Sahoo, DF with MD, DR and GGMs in the Meeting