Singh and Roy in IOC director refineries race

Vol 17, PW 4 (19 Sep 13) People & Policy
     

IndianOil (IOC) executive director Sanjeev Singh is widely tipped to become the company’s next director refineries.

PESB officials accepted CVs until August 26 with interviews expected in December to replace present director refineries Rajkumar Ghosh who steps down on June 30, 2014. Singh heads IOC's Rs30,000cr ($4.7bn) Paradip refinery project and is described by colleagues as polished and punctual.

“He has worked under me and I can tell you he is a performer," says a former IOC director. "He is a born leader.

” Singh is also remarkably fit for 53 and likes to run up and down stairs. But he will need more than physical resilience to defeat IOC executive director Gautam Roy, head of the 13m t/y Koyali refinery.

“Roy is backed by (present director refineries) Ghosh," adds a company source. "Ghosh wants Roy as his replacement; they are both Bengalis.

" In May Ghosh faced criticism within IOC for moving Singh from the Panipat refinery to the delayed Paradip project, seen as a poisoned chalice. “Singh converted the challenge into an opportunity," adds a source.

"Nobody could complete work at Paradip but now we expect first crude to arrive there by March 2014.” Roy's strong points are that he is approachable and easy to talk to.

But his main experience is in planning and coordination. Other candidates in the running are: executive directors Ramji Ram, 57, and Vijay Prakash, 56, posted at Paradip; and general manager Debangshu Ray, 54, posted at Panipat.

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