On Sunday, a search-cum-selection panel interviewed nearly a dozen candidates to appoint a new chairman for Indian Oil Corporation (IOC). One unexpected candidate, Sandeep Gupta, joined the list of contenders. The current chairman, Shrikant Madhav Vaidya, is set to retire after his extension ends on August 31, 2024.Gupta, 58, was director (finance) in IOC before he was appointed the CMD of gas utility GAIL in October 2022.
Those interviewed on Sunday included two directors on IOC board – Satish Kumar Vaduguri (Director-Marketing) and Arvind Kumar (Director-Refineries).
Five executive directors of the company too were interviewed.
