Finally the result for Oil India Ltd CMD is out. Utpal Bora, the incumbent Executive Director (Asset management) of ONGC, is appointed as new CMD of OIL. The search-cum-selection-committee, on 25 April 2016, had interviewed 12 candidates which, among others, included P K Sharma, Director (Operations) OIL, NEEPCO CMD P C Pankaj, Mr Barua (ED ONGC), P K Rao (OVL), Dr Ashutosh Karnatak (GAIL Director), Anil Jain (IAS) and Jishnukant Barua (IAS). In its fist attempt to select the successor of S K Srivastav, who retired on June 30, 2015, as CMD OIL, the PESB on 21 November 2014 found none suitable for the post and decided to see more candidates. OIL Dir (Fin) Ms. R S Borah was not shortlisted for the interview. The PESB's second recommendation (dated 10 February 2015) for appointing Ms. Roopshikha Saikia Borah was rejected by the PMO which asked as to what had changed between November and February that Borah became suitable from unsuitable. On 10 September 2015, for the third time in 10 months, the government headhunter PESB did not find any of the applicants suitable for the top job at Oil India Ltd, the nation's second-biggest state-owned oil and gas explorer. The PESB had interviewed ten candidates, including the firm's Director (Finance) Rupshikha Saikia Borah, to select a new Chairman and Managing Director of OIL. Putting, the trail of selection and rejection to an end the result for new CMD for OIL is out; Bora will soon take over as CMD of OIL.