Mr. Ashu Shinghal
-Chairman
Mr. Ashu Shinghal is a Mechanical Engineer graduate from NIT, Silchar and also holds a Master degree in Business Administration (MBA), with specialization in Operation Management. Prior to his joining MGL, he was heading Corporate Strategy, Planning & Advocacy, Risk Management, Total Quality Management and Sustainable Developments departments at GAIL (India) Limited as Executive Director while also being responsible for the role of Chief Risk Officer of the organization. He has also served as a Director on the Board of Mahanagar Gas Limited (MGL) in the year 2018. He was also a Director on the Board of ONGC Petro Additions Ltd. (OPAL) and Talcher Fertiliser Ltd (TFL).
Mr. Shinghal has rich experience of more than 33 years in hydrocarbon sector covering diverse functional areas which includes Corporate Strategy, large scale Project Execution including cross country Gas Pipelines, Petrochemical and LNG. He has worked in close association with top management in strategic decision making of GAIL, has been a key liaison point for stakeholder engagement initiatives under natural gas advocacy program with various multilateral organizations, industry associations’ committees and think tanks. In the capacity of Chief Risk and Strategy Officer of GAIL - he has successfully managed price risk, index risk (HH, Brent), and currency risk under LNG contracts which impact the bottom-line. Mr. Shinghal has led the Profit Maximization assignment in GAIL resulting in accrual / realization of benefits of over Rs. 1,000 Crore through operational efficiencies, cost reduction and revenue maximization.
Mr. Ashu Shinghal also represented the Indian industrial delegation in prestigious International Visitor Leadership program by US Govt. Presently, he holds directorship in Unison Enviro Private Limited and Mahanagar LNG Private Limited.