Cairn India’s Departing CEO Welcomes New CFO

Cairn India's Departing CEO Welcomes New CFO

India-headquartered oil and gas exploration and production company Cairn India has appointed Sudhir Mathur as Chief Financial Officer (CFO) & Member Executive Committee.

Sudhir joins Cairn India in early September 2012 from Aircel Cellular Ltd., where he was the CFO and responsible for Strategy, Finance, Supply Chain Management and Regulatory Affairs.

Sudhir graduated in Economics from Delhi University and completed a Masters of Business Administration from Cornell University.

Rahul Dhir, Managing Director & Chief Executive Officer of Cairn India, which leaves the company at the end of this month said:

“Cairn India is delighted to have Sudhir on board who comes with an excellent track record of value creation. We are excited with Sudhir’s addition to our leadership team. The experience and knowledge that Sudhir brings to our team will spur us towards our goal of being a world class E&P organization.”

To remind, Cairn India last week informed the market that Rahuld Dhir would step down from his position of Managing Director and Chief Executive Officer of the Company effective 31 August, 2012 to pursue his entrepreneurial interests.

“The search for Dhir’s successor is underway and an announcement is expected soon,” said the company in a press release issued last week.

Dhir has worked for Cairn for over 15 years.

Offshore Energy Today Staff, August 13, 2012