Shri Nitin Kumar (Director)

Shri Nitin Kumar (Director)

Shri Nitin Kumar has joined the Board of HURL w.e.f.22^nd August 2025. He is a Chartered Accountant and also holds Executive Masters from the Indian Institute of Foreign Trade (IIFT).

He had joined Indian Oil Corporation Limited (IOCL) in 1996 and has rich experience of finance, corporate planning, corporate treasury and corporate strategy.

He had also carried out IOC’s maiden USD bond issuance in 2010 and India’s first 10-year Singapore Dollar bond in 2012 (the issuance was adjudged “the Indian Capital Market Deal of the Year 2012” by International Financing Review Asia). He has extensive experience of fund raising from national and international markets in terms of bonds, syndicated loans, bilateral revolving lines, export credit agency loans, buyer’s credit, packing credit in foreign currency, collateralised borrowing, working capital loan, commercial paper, inter corporate deposits, cash credit etc. He has developed corporate policy for exchange and interest rate risk management, financing of group entities, strategy of asset monetisation and has been part of various due diligence processes for M&A transactions. 

Shri Nitin Kumar played a key role in establishing “SPRINT” – a transformational project in 2025 in IOCL.

Currently, he is in-charge of Corporate Finance and Treasury in IOCL.

He is also holding the position of Nominee Director in Terra Clean Limited and IOC Global Capital Management IFSC Limited.