S Varadarajan was today selected to head Bharat Petroleum Corp Ltd (BPCL), India's second biggest oil refiner.
Varadarajan, who is currently Director (Finance) in BPCL, was selected by government's headhunter Public Enterprise Selection Board (PESB) in interviews held today, sources said.
He will replace RK Singh when he superannuates on September 30.
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His candidature will now be vetted by the Cabinet Committee on Appointments headed by Prime Minister Manmohan Singh.