Former IOC chairman Pathan to join BPCL board

Vol 7, PW 9 (16 Jul 03) News in Brief

Before the end of August, former Indian Oil chairman M.

A Pathan will be sitting on the board of Bharat Petroleum. Pathan's appointment is in line with government policy to re-employ former state company chiefs on the boards of other state companies.

We learn the Central Vigilance Commission is now scrutinising a proposal to nominate Pathan on the BPCL board. Among the other government nominees who will join the BPCL board with Pathan on 18th August are P.

C Sen, former chairman of state-owned Indian Airlines and B.D Gupta, former member of the state-run Railway Board.

After retiring from Indian Oil on 31st March 2002, Pathan was, till 3rd July this year, chairman of Petrofed - a lobby group set up by downstream oil companies. He resigned from Petrofed saying he was too busy working with the Tata business group where he is a 'resident' director.

Since May, U.Sundararajan, who retired as BPCL chairman on 30th June, has been acting as an advisor to Hindustan Petroleum.