(B.S)
Pushp Kumar Joshi has been picked by government headhunter PESB to be the new chairman and managing director of Hindustan Petroleum Corporation Ltd (HPCL), the nation’s third largest oil refining and fuel marketing company. Joshi, who is currently Director – Human Resources at HPCL – was picked after PESB interviewed 10 candidates on January 24, the headhunter said in a notice. “PESB recommended the following name for the post of Chairman and Managing Director, HPCL: Pushp Kumar Joshi,” it said. The recommendation will now go to the Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi. ACC will decide on his selection after getting reports from anti-corruption agencies such as CVC and CBI.
Joshi, 58, has been on the board of HPCL for almost a decade now. He will replace Mukesh Kumar Surana, who superannuates on April 30 this year. Joshi had missed out on being the head of HPCL on previous two occasions – first in August 2013 when Nishi Vasudeva was picked by PESB and again in October 2015 when Surana was selected. He has spearheaded Human Resource practices at HPCL with strong business focus and contemporary approaches for leadership development, capability building and productivity enhancement by leveraging technology. “He helped in the development and shaping the Company’s Culture and Values aligned to the Vision and provided support to the business and finance functions in the critical area of Human Resources.” If appointed, Joshi will have a tenure till August 31, 2024. HPCL is a subsidiary of state-owned Oil and Natural Gas Corporation (ONGC).
