ONGC: Oil ministry proposes greater age restrict, shorter tenure for ONGC chairman

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A yr after the federal government headhunter failed to search out any appropriate candidate for high job at , the oil ministry has proposed elevating of eligibility age in addition to a shorter tenure for the brand new chairman and managing director of India’s high oil and gasoline producer.

The ministry has proposed that any candidate to be eligible for consideration shouldn’t be greater than 60 years of age on the date of incidence of emptiness, in keeping with the ministry’s workplace memorandum despatched to the Division of Personnel and Coaching (DoPT) on June 17.

The emptiness arose after Shashi Shanker superannuated on March 31, 2021.



Presently, the minimal age prescribed for being eligible for the highest job is 45 years. Apart from, inside candidates must have two years of residual service as on the date of emptiness and three years for exterior candidates.

What the ministry has proposed now could be that any eligible candidate who will not be greater than 60 years of age on the time of incidence of emptiness which was April 1, 2021, must be thought of eligible. This is able to primarily imply that the present appearing chairman, Alka Mittal, who in any other case would retire in August-end and was ineligible, would come beneath the zone of consideration.

Again to advice tales



The ministry has additionally proposed appointment for a interval of three years from the date of becoming a member of as an alternative of the current five-year time period, in keeping with the letter.

The choice might be finished by a three-member search-cum-selection committee headed by PESB chairman and composed of oil secretary and former chairman B Ashok (exterior knowledgeable).

The panel was shaped on February 4, 2022 however the phrases of reference are being framed solely now.

Most board-level appointments at public sector firms are finished on the idea of suggestions of the Public Enterprise Choice Board (PESB) however the authorities headhunter in June final yr didn’t discover anybody appropriate amongst 9 candidates, together with two serving IAS officers, to move

(CGSB).

“Preserving in view the strategic significance and imaginative and prescient for the corporate and its future, the board didn’t suggest any candidate and determined to represent a search committee,” the ministry letter mentioned referring to PESB’s interviews on June 5, 2021.

The panel was constituted after eight months of that advice on February 4.

The Appointments Committee of the Cupboard (

) accredited “consideration of central authorities officers, together with these of the armed forces of the Union and the all India companies for the submit on quick absorption foundation.”

“Vitality safety is essential for the nation. ONGC performs a pivotal function in exploration as India’s Nationwide Oil Firm (NOC). Its actions should be scaled considerably and quickly. As an NOC, it’s essential to have a specifically designed ‘sui generis ‘ job description for ONGC with the intention to entice one of the best expertise accessible,” it mentioned.

If accepted, the proposal will throw open the sphere for ONGC’s former director (finance) Subhash Kumar in addition to present appearing chairman Alka Mittal, who in any other case have been ineligible for the submit.

As per the follow, PESB recommends a reputation for a board-level place at the least three months previous to arising of the emptiness. Nevertheless, within the case of ONGC, PESB marketed and interviewed candidates after the retirement of Shashi Shanker on March 31, 2021.

After Shanker retired, Subhash Kumar, director for finance and senior most director on ONGC board, was given the extra cost of chairman and managing director.

Kumar retired on December 31, 2021 and Alka Mittal, Director for Human Sources, ONGC, was given extra cost. She’s going to superannuate in August.

Different inside administrators of ONGC would additionally turn into eligible as a result of age rest.

The committee route for appointment of PSU board members has very sparingly been used up to now. In 2016, present

chairman Gurdeep Singh was appointed by the route. Final appointment utilizing the route was that of Sanjeev Kumar because the chairman of Telecommunications Consultants India Restricted (TCIL).

PESB had on June 5, 2021, interviewed 9 out of the ten candidates who had utilized for the submit of chairman and managing director of ONGC. These interviewed included senior bureaucrats Avinash Joshi and Niraj Verma.

() director-finance Pomila Jaspal and ONGC director for know-how and subject companies Om Prakash Singh have been the opposite outstanding names who have been interviewed, as per the PESB discover.

Each the bureaucrats are from the 1994 batch of IAS officers belonging to the Assam-Meghalaya cadre.

Others interviewed by PESB have been ONGC government administrators Sandeep Gupta, Pankaj Kumar and

Nath Gyani, ONGC extra director basic Anand Gupta, and director-finance Manoj Kumar Dubey.

Safety Printing and Minting Corp of India Ltd director-finance Ajay Agarwal, who had utilized for the job, didn’t seem for the interview.

This was the second time in one-and-a-half a long time {that a} appropriate candidate was not discovered amongst those that had utilized.

In August 2006, PESB selected RS Sharma to move the corporate however the Prime Minister’s Workplace (PMO) in February 2007 vetoed his appointment because it needed the choice course of to be widened by inviting candidates from the non-public sector.

In June 2007, PESB once more chosen Sharma and his candidacy was this time endorsed by the Appointments Committee of Cupboard (ACC).

Whereas a alternative to the PSU board place is usually chosen earlier than the incumbent retires, PESB didn’t maintain any interviews for nearly seven months as its chairman wasn’t appointed. The federal government in April 2021 named Mallika Srinivasan, chairman and managing director of Tractors and Farm Gear (TAFE) Ltd, as the brand new chairperson of PESB.

She is the primary particular person from the non-public sector to be appointed as the top of PESB.

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