Dakwale new MD at Lanka IOC

Subodh Dakwale assumes duties today, 4 May, as the new Managing Director of Lanka IOC.

Dakwale, who succeeds K.R. Suresh Kumar, brings with him wide-ranging and rich experience in the petroleum field having worked for more than 28 years in Indian Oil Corporation Ltd., which is a Global Fortune 500 Company.

During a long and illustrious career he has worked in different divisions of Indian Oil such as Engineering, LPG, Lubes and Sales and Marketing. This has given him hands-on experience and depth of knowledge in the functioning of the different areas of the industry.

His career in Indian Oil has taken him to various postings across the length and breadth of India. Prior to assuming office as Managing Director of Lanka IOC, Dakwale headed the Retail Sales Department in the Madya Pradesh State of India.

The new Managing Director said that he is looking forward to further strengthening the mutually-beneficial relationship that already exists between Lanka IOC and the Government of Sri Lanka.

“Ours is a relationship that is based on trust and understanding. Over the years LIOC has made considerable investments in Sri Lanka in a bid to further enhance our product offering coupled with energy security for the nation.”

A Civil Engineer from the Government Engineering College in Rewa, Dakwale is a sports enthusiast and an avid golf player. He was actively involved in various social and employee welfare organisations in India.