Arvindar Singh Sahney, Executive Director at Indian Oil Corporation Limited (IOCL), has been appointed as the company’s new Chairman.
According to an order issued by the Ministry of Petroleum & Natural Gas (MoPNG)on Wednesday (13.11.2024), the Appointments Committee of the Cabinet has approved the proposal of MoPNG to appoint Mr. Sahney to the post for a period of five years w.e.f the date of his assumption of the charge of the post or till the date of his superannuation, or until further orders, whichever is earlier.
The post of Chairman IOCL fell vacant after Shrikant Madhav Vaidya completed his extended tenure on August 31, 2024. Currently, Satish Kumar Vaduguri, Director (Marketing) at IOCL, is holding the additional charge of Chairman.
