Mr Jaliya Medagama holds a Bachelors Degree from the University of Ceylon, Peradeniya and obtained his post graduate qualifications at the Institute of Social Studies, Den Haag, Netherlands. 

Mr Medagama has served as the Commissioner of the Department of Agrarian Services and later he was appointed as the Secretary to the Ministry of Irrigation, Power and Energy, Government of Sri Lanka.   He also served as the Sri Lanka representative in the Board of Governors of the International Irrigation Management Institute and represented many forums held in Tokyo, Japan, Netherlands, and Nepal.

He served as the Chairman and Managing Director of the Ceylon Petroleum Corporation from April 2004 to September 2006.  In addition to his work in the Petroleum Corporation, Mr Medagama served as the Chairman of the Ceylon Petroleum Storage Terminals Limited Company.

With his vast experience in the Petroleum Sector, he was appointed as its first Secretary to the newly established Ministry of Petroleum Resources Development.  He also served as the Chairman and member of the Petroleum Resources Development Council which handled oil exploration and upstream activities.

After a successful career of forty years in the Public Service, Mr.Medagama retired in September 2006 and was invited to serve as an Independent Director of the Board of Directors of Lanka IOC PLC from September 2008.

Prof. Lakshman R Watawala is a fellow of the Institute of Chartered Accountants of Sri Lanka, a fellow of Chartered Institute of Management Accountants of U.K and fellow of the Society of Certified Management Accountants of Sri Lanka.  He has held the position of Chairman and Managing Director of Board of Investment of Sri Lanka twice.  He also served as the Chairman of People's Bank, Peoples Merchant Bank and other State Corporations.  He has served as an Advisor in the Ministry of Finance.  He is a Past President of the Institute of Chartered Accountants of Sri Lanka, South Asian Federation of Accountants and Founder President of AAT Sri Lanka.  Currently, he is a Committee Member of Ceylon Chamber of Commerce, President of the Society of Certified Management Accountants of Sri Lanka and serves on the Boards of a number of Quoted Public Companies.

Shri H S Bedi, is presently posted as an Executive Director (Retail Sales), Indian Oil Corporation Limited. An MBA by profession, he also participated in Advanced Management Programme (AMP) at Indian Institute of Management, Culcutta. He has around 30 years of diverse experience with the Indian Oil Corporation Limited, a USD 49 billion conglomerate which is the largest commercial undertaking in India and is ranked at 116, in the Fortune “Global 500” 2008 list. Shri Bedi has acquired rich and varied experience across functions of downstream Petroleum Industry including Corporate Planning, Aviation, Logistics, Human Resources and Marketing. Prior to his current assignment as Executive Director (Retail Sales), he headed Marketing Operations of IndianOil for the States of Punjab, Jammu & Kashmir, Himachal Pradesh and Union Territory of Chandigarh. As head of Indian Oil’s Retail Sales function, Shri Bedi holds responsibility for a vast network of more than 18000 Fuel Stations and 66 Offices spread across all parts of the country, contributing to approximately 50% of Company’s sales volume. He has been associated in conceptualizing and roll out of various strategic initiatives undertaken by the Corporation from time to time including introduction of e-Performance Management System, Revisiting of Promotion policy for officers etc.

Mr V.K. Gupta, has over 31 years' multifarious experience in Oil Industry in various Departments. A Chartered Accountant by qualification, he has served IndianOil in various challenging roles. He has vast experience, both at Grassroots Refinery level as well as Head-Office and Corporate level, in Finance stream with responsibility for preparation of Balance sheets, Annual Accounts, Budgeting and Financial policy issues, interaction with Govt. agencies etc.
Mr V K Gupta has headed the Project Appraisal Group of IndianOil wherein he was responsible for issues relating to policy making as well as proposals relating to major capital investment in the Corporation. He has also served the Business Development Group where he was responsible for financial due diligence and monitoring of the various projects right from conceptual stage to the implementation stage. He has also worked in Oil Coordinating Committee (OCC). Presently, Mr V K Gupta is holding the post of Executive Director (Corporate Affairs) and is directly involved in matters relating to major investment decisions, strategic issues, issues related to Joint Ventures and Subsidiaries, Corporate legal issues, etc. He is also serving as Director on the Boards of various Joint Venture Companies.

Mr. K. R. Suresh Kumar is a Chemical Engineer from Madras University and has done six months Management Education Programme at Indian Institute of Management at Ahmedabad. He has a vide exposure in various disciplines in petroleum marketing and has been with Indian Oil Corporation Limited in India for more than 30 years. He has presented papers in national and international seminars in India on lubrication and allied technologies and has also visited UK, Germany, Spain, Malaysia etc., for study markets.  His last assignment in India was the General Manager (Retail Sales) at Indian Oil Corporation Limited, Mumbai.

He has taken over as the Managing Director, Lanka IOC PLC with effect from 6th December, 2008.

Mr Makrand Nene, a supply chain expert, who spearheaded the logistics of Indian Oil during the transition to deregulation period, who also successfully used IT interventions like Transportation Scheduler, Daily Activity Management Systems etc. in the Logistics Value Chain of Indian Oil.  He is very well conversant with the planning & implementing marketing initiatives including successful finalization of MoUs with Stand Alone Refiners.

Mr M Nene has experience in all aspects of the activities in marketing division, having worked in LPG (Operation & Sales), General Operations, Supply & Distribution and Heading Logistics, Shipping & Commercial functions.

He, as an Executive Director (Supplies) of Indian Oil Corporation Limited, India, is in charge of the following activities.

• Looking after the total Supply Chain Management for finished products to meet the total demand in the country
• Ensuring Rationalization of Network for optimum productivity in coordination with Corporate Optimization & Refinery Groups
• Ensuring smooth operations of 140+ storage terminals spread all over India
• Spearheading the Vision 2016-17 for Infrastructure Development in Supply Locations and thus rationalizing the overall Supply Chain
• Leading the IT initiatives in the entire Supplies & Operations functions
• Successfully negotiating and finalizing the Product Purchase MoUs with Refiners

Mr M Nene has 33years of experience in the Petroleum Industry covering all areas in this Industry.  His training in Advanced Management Programme from Management Development Institute, Guragaon and Faculty Development Programme through Indian Oil Corporation Ltd, enhances his expertise to achieve the goals of the company.