Expect chaos in PESB selection for ONGC top job

Vol 19, PW 26 (08 Sep 16) People & Policy

Expect chaos at the PESB when private sector and public sector employees flood it with CVs in the race to replace ONGC chairman DK Sarraf.

This report learns the PESB is changing the eligibility criteria to allow private sector candidates to apply. Fears are growing it will lead to a similar situation as the Oil India chairman selection where the oil ministry received 60 applications in March this year (2016) but called only 10 for interviews.

The last time the PESB accepted CVs from private sector workers for the ONGC chairman job was in 2007 and back then everyone from retired ONGC officers to insurance agents, bankers, lawyers, management consultants and police officers applied. Sarraf retires in September 2017 and in line with its policy the PESB should be advertising the job this month (September 2016).

"But we're making changes to the criteria," reports a PESB source. "The new guidelines could be approved in 15 days.

After that the advertisement will be released with the consent of the oil ministry, possibly by October." Director technical and field services Shashi Shanker, 55, is the only Board director eligible to apply. "He will do everything he can to win," we hear.

But will his chances be affected by his suspension in February 2015 for three months over alleged irregularities in a BoP tender? Shanker was cleared of any wrongdoing by the CVC in June 2016 but the memory will linger.