Dinesh K Sarraf will be the new chairman and managing director of Oil and Natural Gas Corp (ONGC). Sarraf, who is currently managing director of ONGC’s overseas arm, ONGC Videsh Ltd, has been selected to replace Sudhir Vasudeva in February end next year. Government headhunter Public Enterprise Selection Board (PESB) selected Sarraf, who turns 56 next week, from among four candidates who appeared before it for interviews today.
“PESB recommended the following name for the post of chairman & managing director, ONGC Limited — DK Sarraf,” it said on its website.
Originally, PESB had shortlisted seven candidates. Besides Sarraf, these included state gas utility GAIL India chairman and managing director BC Tripathi, ONGC director (T&FS) Shashi Shanker, Security Printing and Minting Corporation of India head MS Rana and Indian Railways chief mechanical engineer Ashwani Lohani.