HPCL director finance attracts 26 offers

Vol 11, PW 4 (28 Jun 07) News in Brief
     

Moves are underway to select a new finance director for Mumbai-based refiner Hindustan Petroleum, India’s second largest state-owned refiner after Indian Oil.

Some 26 candidates have been shortlisted for interview by the Public Enterprises Selection Board to fill the post, which falls vacant on 1st February next year when the current incumbent, C. Ramulu, retires.

Eight candidates have applied from HPCL itself. Prominent among them are financial controller SP Gupta, company secretary NR Narayanan, and executive directors B.

Mukherjee and KSR Prasad. Five candidates have applied from IOC: four of them are also executive directors.

Two applicants from Bharat Petroleum and two from GAIL have also applied. Finally, one candidate from ONGC and one from Oil India are also in the race.

The PESB has fixed 4th and 5th July for the interviews. Fourteen candidates will appear on 4th July and the remaining twelve will appear the following day.