Wait longer for OVL director interviews

Vol 10, PW 10 (07 Sep 06) News in Brief

Anyone interested in applying for the newly created posts of Director Commercial and Director Exploration at ONGC Videsh will have to wait another month or more.

We are yet to start the process, a source at the Public Enterprises Selection Board (PESB) tells us. Interested candidates will have to apply through the oil ministry either directly or through their parent company and then we will select candidates from that list.

No sub committee will be constituted for selection of candidates." In our 10th August issue we reported plans for the appointment of two additional directors to the board of OVL to add to the existing positions of Director Finance, held by DK Sarraf, and Managing Director, held by RS Butola. OVL only has two full-time directors.

No time frame has yet been set for conducting interviews for the two new posts, which will each carry a basic salary of Rs22, 500 (approx: $500) per month, plus perks. Our hands are full until next month, adds a source.