New CEOs for PSU oil majors
New Delhi: The public enterprises selection board has finalised the list of candidates who will head Indias largest oil companies which boast of a combined turnover of Rs 207,359 crore.

IndianOil Corporations planning and business development director MS Ramachandran heads the list for the top job. IndianOil finance director P Sugavanam has been listed as the second choice for the top slot.

A mechanical engineer, Ramachandran has been with IndianOil for 30 years, including 25 in the marketing division.
For Bharat Petroleum, its marketing director S Bihuria has been chosen for the top slot while the second option names finance director Ashok Sinha. For Hindustan Petroleum, BPCLs refineries director MB Lal has been listed as the first choice, followed by IBP chairman SN Mathur.

The first vacancy would occur on 31 March when MA Pathan demits office at IOC. He will be followed by HL Zutshi of HPCL in May and U Sundararajan of BPCL.
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