Others who appeared for the interview included Oil and Natural Gas Corporation (ONGC) administrators Pankaj Kumar and Rajesh Kumar Srivastava.
Others who appeared for the interview included Oil and Natural Gas Corporation (ONGC) administrators Pankaj Kumar and Rajesh Kumar Srivastava.
Six candidates, together with Bharat Petroleum Corporation Ltd chairman Arun Kumar Singh and Engineers India Ltd head Vartika Shukla on Saturday appeared for an interview earlier than a search-cum-selection committee that’s searching for a brand new head for India’s prime oil and fuel producer ONGC, sources stated.
The panel had referred to as 9 candidates, together with ONGC’s outgoing chairman Alka Mittal and Indian Oil Corporation’s (IOC) head S.M. Vaidya for interviews, three sources with information of the matter stated.
Ms. Mittal and Mr. Vaidya selected to not seem for the interview, they stated.
Prominent amongst those that appeared had been Mr. Singh, who is because of retire from the highest Bharat Petroleum Corporation Ltd (BPCL) job at finish of October and who has already been chosen to move regulatory physique Petroleum and Natural Gas Regulatory Board (PNGRB), and Engineers India Ltd (EIL) chairman and managing director Vartika Shukla.
Others who appeared for the interview included Oil and Natural Gas Corporation (ONGC) administrators Pankaj Kumar and Rajesh Kumar Srivastava.
Two of the three exterior candidates referred to as for the interview appeared earlier than the panel, they stated.
The selection of the choice committee was not instantly identified and the appointment will take not less than 2-3 months because the candidate chosen should be cleared by anti-corruption our bodies like CBI and CVC earlier than the identify is put as much as the Appointments Committee of the Cabinet (ACC) for remaining vetting and approval.
For now, ONGC will subsequent week get a file third interim chairman.
ONGC is and not using a common chairman and managing director since April 2021. Subhash Kumar, the senior-most director on the corporate board and the director for finance, was named officiating head after Shashi Shanker superannuated on March 31, 2021. And when Mr. Kumar retired on December 31, 2021, Alka Mittal, Director for Human Resources, was given extra cost.
Ms. Mittal is because of superannuate at month finish and except she is given an extension, the following senior most director – Rajesh Kumar Srivastava, Director (Exploration), is more likely to be named as interim head, sources stated.
A search-cum-selection committee, which was in February this yr tasked to establish appropriate candidates, started work solely this month after phrases of reference had been finalised.
The panel has shortlisted 9 candidates on the premise of the upper eligibility age restrict proposed by the oil ministry, which introduced most present administrators – who in any other case had been ineligible to even apply, within the zone of consideration, they stated.
The shortlisted included Ms. Mittal and Mr. Srivastava, who is because of retire on the finish of the yr.
Strangely, the panel ignored ONGC’s different two administrators – Anurag Sharma and O.P. Singh, as additionally anybody from the opposite state-owned oil and fuel producer, Oil India Ltd (OIL).
It referred to as Mr. Vaidya and Mr. Singh however not the chairman of Hindustan Petroleum Corporation Ltd (HPCL). Neither did it name any of the administrators corresponding to Subhash Kumar who had turn into eligible for the submit due to the relaxed eligibility.
The ministry proposed that any candidate to be eligible for consideration shouldn’t be greater than 60 years of age on the date of prevalence of the emptiness, based on the ministry’s workplace memorandum despatched to the Department of Personnel and Training (DoPT) on June 17.
The emptiness arose on March 31, 2021.
Prior to this modification, the minimal age prescribed for being eligible for the highest job is 45 years. Besides, inner candidates wanted to have two years of residual service as on the date of emptiness and three years for exterior candidates.
What the ministry proposed was that any eligible candidate who just isn’t greater than 60 years of age on the time of prevalence of emptiness which was April 1, 2021, ought to be thought of eligible. This primarily meant that the present appearing chairman, Alka Mittal, who in any other case would retire in August-end and was ineligible, had come beneath the zone of consideration.
Also, Mr. Srivastava, who retires on December 31, and Sharma, who superannuates on February 28 subsequent yr, had turn into eligible.
Previously, solely Pankaj Kumar and Om Prakash Singh had been eligible.
The ministry additionally proposed an appointment for a interval of three years from the date of becoming a member of as a substitute of the current five-year time period, based on the letter.
The choice will likely be executed via a three-member search-cum-selection committee headed by the PESB chairman and composed of oil secretary and former Indian Oil chairman B. Ashok (exterior skilled).
The panel was fashioned on February 4, 2022, however the phrases of reference are being framed just lately.
Most board-level appointments at public sector firms are executed on the premise of suggestions of the Public Enterprise Selection Board (PESB) however the authorities headhunter in June final yr didn’t discover anybody appropriate amongst 9 candidates, together with two serving IAS officers, to move ONGC.
“Keeping in view the strategic importance and vision for the company and its future, the board did not recommend any candidate and decided to constitute a search committee,” the ministry letter stated referring to PESB’s interviews on June 5, 2021.
The panel was constituted after eight months of that advice on February 4.
Source: www.thehindu.com