Anger at MRPL as choice narrows for new chief

Vol 21, PW 1 (05 Oct 17) People & Policy
     

Simmering anger is evident at refiner MRPL where senior managers are upset because they can't apply for the MD post.

MRPL sources tell us only two company employees are eligible: director refinery M. Venkatesh and director finance AK Sahoo.

"Other deserving candidates can't apply because of the eligibility criteria," we hear. According to the PESB advertisement released on September 1 only employees on a pay scale of between Rs67,000 ($1116) and Rs79,000 ($1316) per month can apply.

This corresponds to executive director rank - but MRPL has no executive directors. By default this also means 14 enthusiastic group general managers are out of luck.

Some suspect a conspiracy by promoter companies ONGC and Hindustan Petroleum whereby they have 'deliberately' not created an executive director rank at MRPL. This despite the fact MRPL was granted special Schedule A status by the Department of Public Enterprises in 2013 entitling it to parity with other major state-run companies.

The idea being that ONGC and HPCL's own EDs stand a better chance of winning the MRPL top job. Even HPCL director finance J.

Ramaswamy will not be eligible to apply because he retires on February 28, 2019. Internal candidates must have two years of service left on the date of the vacancy (June 1, 2018) and external candidates must have three years.

Whichever way you consider it, Ramaswamy is ineligible. Anyone interested has until November 9 to apply.

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