Sunil Kumar to be next ONGC Chairman
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The government appointed Sunil Kumar as the next ONGC Chairman.
- ✓He will take over the charge from Arun Kumar Singh, whose extension ends on December 6.
- ✓Kumar joined the company in 1991 and currently serves as an Executive Director.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Kumar will take over the charge from Arun Kumar Singh, whose extension ends on December 6.
The government has appointed Sunil Kumar, Executive Director at Oil & Natural Gas Corporation (ONGC), as the next Chairman of the country's largest exploration & production (E&P) company.
Kumar, who is currently the Executive Director and Asset Manager of ONGC's Mehsana Asset, will take over the charge from Arun Kumar Singh, whose extension ends on December 6.
He was cleared by the Appointments Committee of the Cabinet (ACC) following a proposal from the Oil Ministry, which was based on the recommendation of the Search-cum-Selection Committee.
His appointment also brings clarity on the leadership transition at the company, which has generated considerable speculation. Besides, it also elevates an executive within the organization.
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