K S Jamestin

K S Jamestin is a startup investor at Oil and Natural Gas Corporation. Mr. K S Jamestin is a B.Tech in Electronics and Telecommunication Engineering and holds an MBA in finance, a Diploma in Operations management, and has undergone an advanced Management program for senior managers with Indian School of Business, Hyderabad. He is an IPMA Level-A certified Project Director, one of the 14 such certified professionals inIndia.Mr. K.S. Jamestin holds the portfolio of Director HR & Business Development & JVs of ONGC, Key functions of Mr. Jamestin includes vital functions like HRD, Employee Relations, Medical services, Corporate Communication, Legal services, Security services, infrastructure creation & maintenance, CSR and the Business Development &JV portfolio, as outlined above.In addition to being on the Board of ONGC as Director (HR) & BD/JV, Mr. Jamestin is the Chairman of the JV Petronet MHB Limited and is the Director on the Boards of ONGC Tripura Power Company (OTPC), ONGC Mangalore Petrochemicals Limited (OMPL), Dahej SEZ Ltd (DSL), Mangalore SEZ Ltd (MSEZL), ONGC Petro Additions Limited (OPaL), in addition to being a permanent invitee on the Boards of Mangalore Refineries & Petrochemicals (MRPL) and ONGC Videsh Ltd. (OVL).Mr. Jamestin has been appointed to the Board of ONGC as Director (HR) in May 2011 , for demonstrating remarkable competence in several challenging roles in a career spanning over 35 years ranging from Offshore construction, process control, IT Projects , Project leader -Project ICE- ONGC’s SAP-ERP implementation Project, Chief Human Resource Development and Head-Regional Office, Mumbai.In the Role of Director-BD&JV, ONGC, Mr. Jamestin has provided the group clarity and a synoptic view of the business panorama from end to end. While earlier, the LNG and renewable energy opportunities were looked into as stand- alone investments, under his leadership, these are emerging as self-sustaining verticals, and as a value generating chain integrated into the energy business in totality. In order to draw focus on each business, the BD&JV department was reorganized into separate verticals like Power, Refinery / Petrochem business, LNG, SEZ etc., with a view to identify opportunities faster and to effectively implement them. Under the leadership of Mr. Jamestin, instead of merely reacting to encountered opportunities, focus has shifted to proactively identifying, chasing and realizing best available business opportunities.Dir. I/c BD&JV has also inspired the BD&JV team by communication in the unambiguous terms that ONGC has lent its name and brand to the existing JVs and it is our responsibility as promoter to take the projects forward to their logical conclusion without time/cost overruns.Dir. I/c BD&JV has laid emphasis on timely completion and timely revenue generation from the different projects. This has resulted in close monitoring of the projects, generation of catch up plans and risk mitigation measures to a large extent, thus reinvigorating implementation focus on all the projects.The following have been as a result of his unflinching efforts and commitment as Director (In-charge Business Development and Joint Ventures):-The ONGC Tripura Power Company (OTPC) Project – Unit-I was dedicated to the nation by the Hon’ble President of India on 21st June, 2013. The initial operational problems have been overcome and both the units are expected to achieve full operational efficiencies soon. Two major petrochemical joint ventures OPaL and OMPL are making good progress and are expected to be commissioned in 2014, OMPL in the first quarter, and OPaL in the last. The C2-C3 plant which provides feedstock for OPaL and the Naphtha pipeline from Hazira are expected to be commissioned in tune with the main OPaL project time lines. The other joint ventures like Dahej SEZ, Mangalore SEZ and PMHBL are progressing well. DSEZ has commenced generating positive cash flows, and PMHBL has for the first time crossed 100 crore turnover mark. The existing 51 MW wind farm in Gujarat is performing to capacity and the upcoming 102 MW wind farm at Rajasthan is expected to be part commissioned by end of the current financial year.Under his leadership, ONGC is entering a totally new area i.e. of LNG, comprising gas marketing, setting up a gasification plant at Mangalore by an ONGC led JV, and also acquiring stakes in other upcoming gasification terminals across the country. Efforts are on to secure the upstream linkages as well, like booking liquefaction capacities abroad and gas sourcing arrangements.Earlier on, it was under Mr. Jamestin’s stewardship that one of the largest SAP implementations in the world at that point of time was implemented in ONGC. This Implementation was a unique project Management case with more than 250 locations and 35000 users and 23 business modules, covering all major business processes of ONGC. This project was extremely challenging in terms of integration of several standalone legacy systems, and the complexity associated with data cleaning, migration and cut-over and change management, aspects, through a systematic process. Through effective planning project monitoring, control risk management and mitigation measures, this project was completed in the given time lines without any time and cost and cost over-runs. This implementation won IPMA Award 2005 and the SAP jury award for best managed in SAP project from among the world projects at that point of time.Under the leadership of Mr. Jamestin, HR initiatives like Fair wages for contractual workmen and the ‘Sahayog Yojana’ for provide succor to employees – regular and secondary, in times of need – medical, education, marriage of daughter - have been introduced. He has secured government approval for bringing in transformational improvement in the quantum of pensionary support to employees, by revamping the pension scheme (PRBS) of ONGC- converting the Scheme into a Defined Contribution Scheme, and ensuring sustainability of the Scheme through generous one – time grant from employer to the Corpus and regular employer contributions to the employees’ pensionary kitty. Also introduced scheme Asha Kiran Scheme for extending financial assistance to the employees retired prior to 01.01.2007 for taking care of their emergency needs– the innovative and well-crafted social security schemes becoming benchmarked welfare initiatives in the industry. He is also instrumental in achieving landmark improvement in office and township infrastructure through sustained and innovative policy interventions and monitoring (5 Green Buildings being developed with a total area of 1,31,000 sq.mt at a cost of Rs 1536 Crore). He has also brought in a refreshing approach by revamping the Sports Policy framework which has resulted in a major fillip to the careers of budding and established sportspersons alike, who have brought in greater laurels for the country in international fora. Also took major initiatives in revamping sporting infrastructure, especially in remote locales of the country.He has crafted a New CSR Policy for ONGC with Projectised approach and focusing on the betterment of the marginalized sections of the society. ONGC’s CSR initiatives seek to engage shareholders and other stakeholders and collaborating with them to build credibility and trust in society at large.