Reena Ramachandran quits as Hindustan Organic chairman
Mumbai: Dr Reena Ramachandran, who has been with the state run, Hindustan Organic Chemicals (HOC), for eight years, recently as chairman and managing director of the company – a position held by her for the last five years.

While speaking to the Financial Express, Dr. Ramachandran stated that she was quitting to seek better career options in the private sector.

HOC, which was once a well run state company, has recently seen several top officials leave. in addition to Dr. Ramachandra, it is believed that Mr. N. Kalsi, director (marketing) has also left the company. The company’s slot of director (finance) has been lying vacant since mid-January.

Dr. Ramachandran, who started her career as a senior scientific officer in the ministry of science and technology, joined HOC as director (marketing) in 1992 before taking over as CMD in March 1995. She worked for a decade at the Oil and Natural Gas Corporation (ONGC) between 1982 and 1991. A brief stint followed at the Petroleum Conservation Research Association as executive director till 1992.

At HOC, she was instrumental in a strategic move that saw several of the company’s cost centres become profit centres. These included the hospital in the Rasayani factory which could logically extend its services commercially to the community in the area. Similarly, privatisation of the transport operations in HOC (the company has a fleet of nearly 50 buses) helped reduce overheads considerably.

Dr. Ramachandran has a PhD in organic chemistry from Allahabad University and a doctorate in science from the University of Nantes in France.
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