H Kumar has been appointed as the new Managing Director of Mangalore Refinery and Petrochemicals Ltd (MRPL).
Government headhunters Public Enterprise Selection Board (PESB) had on January 22 selected Kumar, Executive Director, Hindustan Petroleum Corp Ltd (HPCL), to head MRPL upon retirement of P P Upadhya.
After approval of the Appointments Committee of the Cabinet (ACC), orders for Kumar heading MRPL were issued yesterday, MRPL said in a statement here.
Pending this, Vishnu Agrawal, Director (Finance) at MRPL, was given additional charge of Managing Director of the company.
PESB had selected Kumar after interviewing 11 candidates, including five group general managers of MRPL.
State-owned Oil and Natural Gas Corp (ONGC) holds 71.63% stake in MRPL, which operates a 15 million tonnes a year oil refinery at Mangalore. HPCL has 16.96% stake in the company.
Government headhunters Public Enterprise Selection Board (PESB) had on January 22 selected Kumar, Executive Director, Hindustan Petroleum Corp Ltd (HPCL), to head MRPL upon retirement of P P Upadhya.
After approval of the Appointments Committee of the Cabinet (ACC), orders for Kumar heading MRPL were issued yesterday, MRPL said in a statement here.
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Upadhya retired on July 31 and Kumar was to take over from August 1 but his appointment was delayed.
Pending this, Vishnu Agrawal, Director (Finance) at MRPL, was given additional charge of Managing Director of the company.
PESB had selected Kumar after interviewing 11 candidates, including five group general managers of MRPL.
State-owned Oil and Natural Gas Corp (ONGC) holds 71.63% stake in MRPL, which operates a 15 million tonnes a year oil refinery at Mangalore. HPCL has 16.96% stake in the company.