Govt appoints Rajesh Kumar Srivastava as interim chief at ONGC

Govt appoints Rajesh Kumar Srivastava as interim chief at ONGC

Daily Current Affairs   /   Govt appoints Rajesh Kumar Srivastava as interim chief at ONGC

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Category : Appointment/Resignation Published on: September 02 2022

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  • State-run Oil and Natural Gas Corporation Ltd (ONGC) on August 31 appointed Rajesh Kumar Srivastava as the interim new chairman.
  • He is the third interim chief who has been appointed in last 17 months, as the government has not made a full time appointment yet.
  • Oil and Natural Gas Corporation (ONGC) is without a regular chairman and managing director since April 2021. 
  • Subhash Kumar, the then senior-most director on the company board and the director for finance, was named officiating head after Shashi Shanker superannuated on March 31, 2021.
  • ONGC has been without a full-time chief since Shashi Shanker retired as chairman and managing director (CMD) in March 2021
  • The government also appointed M V Iyer as the interim chairman at GAIL following the retirement of the incumbent.
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