Overworked Ashok takes on IOC finance role

Vol 18, PW 2 (11 Sep 14) News in Brief

At this rate IndianOil chairman B.

Ashok will soon end up doing all the work at the company himself! Ashok, who already holds additional charge of the director business development, director HR and director R&D roles, assumed the finance director role on September 1 after PK Goyal retired on August 31. Incoming director finance Arun Kumar Sharma can’t take up the post as his file has been inexplicably stuck for two months at the oil minister’s office.

Sharma, who has received anti-corruption clearance since being selected on February 18, started at the firm’s corporate office in July as an Officer on Special Duty. At least Ashok can look forward to losing the HR charge very soon.

Executive director Cherian Verghese defeated seven colleagues on September 2 to replace Sudhir Bhalla as director HR. Ashok will, however, have to wait two months before handing over the job, while Verghese’s file is sent to the CVC for anti-corruption clearance and approval by the Prime Minister’s office.

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