Asian Oilfield Services Limited at its board meeting held on August 1, 2018, has approved the appointment of Mr. Ashutosh Kumar as a Whole-time Director and Chief Executive Officer of the Company for a period of three years commencing from August 1, 2018 to July 31, 2021, subject to approval of members at upcoming Annual General Meeting. The company approved the appointment of Mr. Sumit Maheshwari as the Chief Financial Officer of the Company with effect from August 1, 2018. The company approved the appointment of Ms. Archana Nadgouda as the Company Secretary and Compliance Officer of the Company with effect from August 1, 2018.

The company approved the resignation of Mr. Rohit Agarwal from the position of Whole-time Director and Director of the Company with effect from close of business hours of 31 July, 2018. Mr. Ashutosh Kumar has around 3 decades of professional experience. He started his career in the year 1990 with ONGC.

After successfully contributing towards the organization's growth & Development he then moved to join BG group as Assistant Manager Maintenance. He rose to the position of Project Director at BG. His last assignment at BG was implementation of fit for future processes in the 3 business units of BG in India i.e. BG E&P India Ltd., Gujarat Gas and Mahanagar Gas Ltd. At present he is associated with the Company as a Chief Financial Officer of the Company and Director.

Mr. Sumit is a Chartered Accountant (CA) and Chartered Financial Analyst (CFA) has 17 years of experience in the field of accounts, finance and commercial and has been associated with major oil and gas sector companies for last 8 years. Ms. Archana Nadgouda is a Graduate and Associate Member of the Institute of Company Secretaries of India having ACS No.17140. She has 13 years of experience as Company Secretary of various companies.