GAIL chairman Sandeep Gupta wildcard for Indian Oil Corporation
Indian Oil Corporation (IOC), the nation's largest oil firm, sources said. While 10 out of the nearly 60 candidates who applied were called for interviews, GAIL chairman and managing director Sandeep Gupta is being considered a wildcard.
Gupta had not applied but was called for the interview, three sources aware of the matter said.
«They had invited 10 of the candidates who had applied. Gupta was the 11th person to be interviewed,» one of them said.
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.
Bharat Petroleum Corporation Ltd (BPCL) director (marketing) Sukhmal Kumar Jain as well as company's director (refineries) S Khanna were also interviewed, sources said adding Hindustan Petroleum Corporation Ltd (HPCL) director (marketing) Amit Garg also appeared.
The panel is looking for a replacement for Shrikant Madhav Vaidya, whose one-year extension beyond his retirement age of 60 years ends on August 31. The Ministry of Petroleum and Natural Gas had in June sought applications from engineers, chartered accountants and cost accountants with post-graduate management degrees from leading institutions and having at least five years experience in leadership roles for the top job at IOC.
The age eligibility cut off has been set at not more than 58
