(ET)
More than a month after Arun Kumar Singh was appointed chairman of India’s largest oil and gas producer ONGC, the retired BPCL head is also the CEO of the company now, according to a stock exchange filing by ONGC. Oil and Natural Gas Corporation (ONGC) has been traditionally headed by a chairman and managing director. It, however, did not have a full-time head after Shashi Shanker superannuated on March 31, 2021.
The government on December 7 named Arun Kumar Singh, who had a couple of months back retired as head of Bharat Petroleum Corporation Ltd (BPCL), as the chairman of ONGC but not as its managing director. Now, he has been appointed the CEO of the company as well.
“In continuation of our communication dated December 7, 2022, regarding the appointment of Arun Kumar Singh as chairman of the company. It is informed that the Board at its meeting held on January 24, 2023, has appointed Singh as Chief Executive Officer (CEO). Accordingly, Singh is designated as Chairman & CEO of the company,” ONGC said in a stock exchange filing.
