IOCL : Delay In Declaring Reserve Candidate For Director (P&BD) Spreading Rumours Of Manipulation

Industry leaders are baffled as to why the PESB is sitting tight and not disclosing the name of the reserve candidate

There is an unexplained delay in declaring / publishing the reserve candidate for Director (Planning & Business Development) of country’s largest pubic sector undertaking – Indian Oil Corporation Limited, which has started rumour mills of sorts and as a result, is causing widespread gossiping regarding manipulation in this process.

Earlier, Arvindar Singh Sahney was selected by PESB for the Director (P&BD), who later was also selected as Chairman by Search-Cum-Select-Committee. With is his joining as Chairman on November 13, 2024, the Ministry of Petroleum & Natural Gas (MoP&NG) on the very same day, requested the Public Enterprises Selection Board (PESB). to disclose the name of the reserve candidate for this post.

The letter written by the Ministry of Petroleum & Natural Gas to this effect is given below for the benefit of the viewers of www.indianpsu.com

Apart from Arvindar Singh Sahney, the below given candidate were called in for the interview to the top post –

What has come to many as a big surprise is that, the same has not been disclosed by PESB even after passage of more than 10 days. It’s causing spreading of rumours like wildfire including those of manipulation about changing the name of reserve candidate.

Industry leaders are baffled as to why the PESB is sitting tight and not disclosing the name of the reserve candidate – is there something fishy brewing ?, they ask…

Would Chairperson PESB Mallika Shrinivasan, who just got an unprecedented extension of one year, care to reply???

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