New Delhi (30.06.2026): The Public Enterprises Selection Board (PESB) has officially kicked off the hunt for the next Chairman of state-run energy giant ONGC. The move comes five months ahead of incumbent Arun Kumar Singh’s tenure completion on December 7, 2026.
In a strategic push to widen the talent pool, the public sector head-hunter is inviting applications from executives across diverse sectors. Eligible candidates must be aged between 45 and 59 years on the date of the vacancy. The window for submitting applications closes between July 21 and July 30, 2026.
As a Schedule ‘A’ Maharatna CPSE under the Ministry of Petroleum and Natural Gas, ONGC remains central to India’s energy security. The upstream heavyweight’s operations span hydrocarbon exploration, refining, petrochemicals, and an accelerating renewable energy pivot.
ONGC’s authorized capital stands at ₹15,000 crore, with ₹6,290.139 crore paid up. The Government of India holds a dominant 58.91% stake.
The incoming chief will inherit a vast corporate apparatus, steering a board that comprises six functional directors—spanning finance, production, exploration, and strategy—alongside two nine government-nominee directors and seven independent directors.