Shashi Shanker to take charge as ONGC chairman and MD on October 1

Already a director in ONGC; his elevation comes at a time when the company is set to acquire 51.1% stake in HPCL

Shashi Shanker will take charge as the chairman and managing director of India's largest explorer, Oil and natural gas corporation (ONGC), on October 1. 

Shanker is already a director in ONGC and his elevation comes at a time when the company is set to acquire 51.1 per cent stake in Hindustan Petroleum Corporation (HPCL) in the next two months' time.   

Shanker is an industry veteran with over 30 years of experience in diverse E&P activities. Prior to his appointment as Director (T&FS) in 2012, he has progressed through senior management roles in various work-centres, including the Institute of Drilling Technology at