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R S Butola takes over as IOC Chairman

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Press Trust of India New Delhi

R S Butola today took over as the Chairman of Indian Oil Corporation (IOC), the nation's oil refining and marketing company.

Before joining IOC, Butola was the Managing Director of ONGC Videsh (OVL).

"Under his stewardship, OVL built a formidable portfolio comprising both discovered and producing assets in over 15 countries," the company said in a press release here today.

Butola holds a MBA from the Faculty of Management Studies, Delhi and is a Certified Associate of the Indian Institute of Bankers (CAIIB).

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First Published: Feb 28 2011 | 7:52 PM IST

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