Arvindar Singh Sahney will be new chairman of Indian Oil Corporation

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Arvindar Singh Sahney will be new chairman of Indian Oil Corporation - Business Standard

Quick Summary:

"The Appointments Committee of the Cabinet (ACC) has approved the proposal of this ministry for appointment of Shri Arvindar Singh Sahney, Executive Director, IOC to the post of Chairman, IOC, for a period of five years with effect from the date of his assumption of charge of the post, or till the date of his superannuation, or until further order, whichever is the earliest," the Ministry of Petroleum and Natural Gas said in an order.

Arvindar Singh Sahney will be the new chairman of Indian Oil Corporation, the nation's largest oil firm, according to an order issued by the petroleum ministry on Wednesday.

He was in August selected to be the company's director for business development but has now been appointed as the chairman of the firm.