Two years later and IOC has a new dir. R&D

Vol 20, PW 2 (06 Oct 16) People & Policy
     

For two years the director R&D role has been a sore point at IndianOil, after a corruption scandal and investigation into alleged leaks destroyed the chances of two candidates previously selected.

But finally the job, which involves researching the latest fuel technologies, is set to be filled by hardworking and friendly Dr SSV Ramakumar, currently IOC executive director refining technology. Expect him to be formally appointed in the next two months, after the PESB selected him at a meeting in Delhi on September 15.

When contacted, Ramakumar said he was busy but seemed happy with his appointment. "The PESB (appointment process) is still in motion," he said.

"It will take time." Since July 1, 2014, chairman B. Ashok has held the director R&D post as an additional responsibility.

On August 1, 2016 the oil ministry asked Ashok to hold the role for another six months. But with Ramakumar's selection it is likely Ashok will hand it over soon.

Undoubtedly he will be happy to be relieved of the workload. But first the PESB recommendation will go to the oil ministry which, if it receives vigilance clearance, will send it on to the PM-headed Appointments Committee of the Cabinet for final approval.

Others interviewed for the job include IOC general managers SK Mazumdar and Gurpreet Singh Kapur. "The PESB preferred Ramakumar," confirms Mazumdar, who came second.