Wednesday 5 October 2011
ONGC gets new CMD
he government appointed Sudhir Vasudeva as the chairman and managing director of Oil and Natural Gas Corporation (ONGC).
Vasudeva, 57, is currently Director (Offshore) in ONGC. The orders for appointment of Vasudeva, who was selected by government headhunters Public Enterprise Selection Board (PESB) in interviews on 19 October last year, were issued by the Oil Ministry late Monday evening, a top government official said.
Born on 26 February, 1954, Vasudeva will head the nation's highest profit making firm till his retirement on 31 January, 2014.This follows Prime Minister Manmohan Singh approving of the appointment after Central Vigilance Commission (CVC) gave final clearance on all complaints received against Vasudeva.
A chemical engineer (gold medalist) and a management graduate, Vasudeva joined ONGC as an executive trainee in 1976. After topping in his batch he steadily worked his way up, with majority of his assignments in offshore oil-fields.
ONGC has been headless since January end when R S Sharma retired on attaining superannuation at the age of 60 years.
PESB had on 19 October last year selected Vasudeva, head of offshore oil and gas fields of ONGC, to replace Sharma on 31 January.
However, his appointment was delayed due to complaints, some of them on forged letterhead of Members of Parliament (MPs), were made against Vasudeva.He 57, was selected by PESB after interviewing eight candidates. R K Tyagi, chairman and managing director, Pawan Hans Ltd was named the number two choice by PESB to head ONGC.
Born on 26 February, 1954, Vasudeva will head the nation's highest profit making firm till his retirement on 31 January, 2014.This follows Prime Minister Manmohan Singh approving of the appointment after Central Vigilance Commission (CVC) gave final clearance on all complaints received against Vasudeva.
A chemical engineer (gold medalist) and a management graduate, Vasudeva joined ONGC as an executive trainee in 1976. After topping in his batch he steadily worked his way up, with majority of his assignments in offshore oil-fields.
ONGC has been headless since January end when R S Sharma retired on attaining superannuation at the age of 60 years.
PESB had on 19 October last year selected Vasudeva, head of offshore oil and gas fields of ONGC, to replace Sharma on 31 January.
However, his appointment was delayed due to complaints, some of them on forged letterhead of Members of Parliament (MPs), were made against Vasudeva.He 57, was selected by PESB after interviewing eight candidates. R K Tyagi, chairman and managing director, Pawan Hans Ltd was named the number two choice by PESB to head ONGC.
