Subir Raha emerges as successor to Bora at ONGC

Vol 5, PW 2 (14 Mar 01) Exploration & Production
     

Subir Raha, human resources director at Indian Oil, has emerged as the most likely successor to Bikash Bora, who steps down as ONGC chairman in April.

This report learns the government's Public Enterprises Selection Board held interviews on March 7th in New Delhi. ONGC finance director I.

N Chatterjee, technical director R.C Gourh, personnel director Jauhari Lal, DGH boss Avinash Chandra, and Naresh Dayal, Additional Secretary in the home affairs department were interviewed.

We understand Raha, aged 52, and Chatterjee were shortlisted, with Raha at number one. ONGC Videsh chief Atul Chandra also applied, but it's understood he declined to appear for interview on learning that Raha's selection was decided long before interviews even began! A source reveals that during the Petrotech oil and gas exhibition in December last year, Indian Oil officials were "telling anybody and everybody" that Raha would be the next chairman of ONGC.

Raha is known as a suave, media-savvy person who can talk the language of commerce with the Indian private sector and foreign oil companies, while keeping in mind ONGC's "social obligations" as a state-owned company. He is a management post-graduate from the University of Leeds and became a "part-time" director on the ONGC board in August last year.