Indraprastha Gas Limited announced the appointment of Shri Rakesh Kumar Jain as Chairman of the Company with effect from January 14, 2023, presently Shri Rakesh Kumar Jain is a Director on the Board of the company. The company also announced the cessation of Shri Sukhmal Kumar Jain as Chairman of the Company with effect from January 14, 2023. He would continue to be a director of IGL.

Shri Rakesh Kumar Jain, nominee of GAIL is Director (Finance) of GAIL. He is a Cost and Management Accountant by profession. Shri Jain has worked in the areas of Corporate Finance and Treasury including Forex Risk Management, Capital Budgeting, Corporate Budgets, Corporate Accounts, Finalization of Long Term international LNG and Gas Agreements, Pricing, Liquefaction and Regasification Terminal Service Agreement, Mergers & Acquisitions, Taxation, Regulatory aspects etc.

Besides serving a long tenure at GAIL, he was on deputation to Petroleum and Natural Gas Regulatory Board (PNGRB), as Jt. Director (Commercial and Finance). During his stint at PNGRB, he was actively engaged in the review of tariff regulations, conceptualization of unified tariff, authorization of CGD 9th & 10th bidding rounds, finance functions etc.

He has also worked in almost all business verticals of GAIL including GAIL's largest Petrochemical plant at Pata.