March 2017 Current Affairs
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Sanjiv Singh is new Chairman of IOC

Sanjiv Singh is new Chairman of IOC
24 September 2016 Current Affairs: Sanjiv Singh will be the new Chairman of Indian Oil Corporation Ltd, the nation’s largest company.

Singh, 56, who is currently Director of Refineries at IOC, was selected for the top job after government head hunters Public Enterprise Selection Board (PESB) interviewed eight candidates.

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.

PESB recommendation will now go to the administrative ministry, i.e. the Ministry of Petroleum and Natural Gas which will after receiving vigilance clearance send the proposal to the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi for approval.


March 2017 Current affairs
24 MAR
NEWS
23 MAR
NEWS
22 MAR
NEWS
21 MAR
NEWS
20 MAR
NEWS
18 MAR
NEWS

February 2017 Current affairs
28 FEB
NEWS
27 FEB
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25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
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