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IOCL: Vaidya takes over as new chairman

By IndianMandarins- 01 Jul 2020
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Shrikant Madhav Vaidya has taken over charge as the new chairman of Indian Oil Corporation (IOC). He replaces Sanjiv Singh, who retired on June 30. Prior to this, Vaidya was the Director (Refineries) on the IOC Board, since October 2019.

He will also be the Chairman of Chennai Petroleum Corporation Ltd, a stand-alone refining subsidiary of IOC and Indian Oiltanking Ltd. He will also take over as the head of Ratnagiri Refinery & Petrochemicals Ltd and also be a director on the board of Petronet LNG Ltd. He has had a decade-long association with India’s largest cracker plant — the Panipat Naphtha Cracker Complex.

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