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Sanjiv Singh selected for IOC's top post

Singh will be the Chairman of Indian Oil Corporation Ltd, PESB interviewed 8candidates and selected him

Policy Pulse
Publish Date: Sep 25 2016 11:52AM | Updated Date: Sep 25 2016 11:52AM

Sanjiv Singh selected for IOC's top post

Sanjiv Singh, 56, will be the new Chairman of Indian Oil Corporation Ltd the nation's largest company. He is currently Director of Refineries at IOC.


He was selected for the top job after government headhunters Public Enterprise Selection Board (PESB) interviewed eight candidates. 


According to a report, Besides Singh, PESB interviewed Oil India Director HR and Business Development Biswajit Roy and four executive directors of IOC. 


Singh, who has been Director of Refineries at IOC since July 1, 2014, will replace B Ashok on his superannuation at end of May 2017. 


He will have three-year tenure at the helms of India's largest oil refining and marketing company. IOC is also the nation's biggest company by revenue. 


Singh served as an Executive Director of Paradip Refinery Project as well as head of IOC's Panipat Refinery before becoming a director. 


A Chemical Engineer from IIT-Roorkee, Singh joined IOC in December 1981 as Trainee Engineer and has worked in various positions at Mathura, Barauni and Panipat refineries of the company. 


As reported in Economic Times, PESB recommendation will now go to the administrative ministry (Ministry of Petroleum and Natural Gas).


They will after receiving vigilance clearance send the proposal to the Appointments Committee of the Cabinet headed by Prime Miniter Narendra Modi for approval.