Indian Oil chairman will soon also be its managing director, say sources ...Middle East

Business Standard - Economy

Most big listed companies globally are run by a managing director or CEO and a chairman presiding over the board of directors with the primary responsibility of protecting the interests of investors. But, India's largest oil company Indian Oil Corporation (IOC) is an exception for never having a managing director or CEO in its 63 years of existence. IOC, the nation's largest oil refiner and retailer of fuels like petrol and diesel, has always been headed by a chairman, who has also discharged the role of a managing director or CEO. But this is likely to change soon with the Oil Ministry agreeing to redesignate the top job as chairman and managing director, sources aware of the matter said. T

Hence then, the article about indian oil chairman will soon also be its managing director say sources was published today ( Sunday 08/01/2023 - 12:09 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Indian Oil chairman will soon also be its managing director, say sources )

Last updated : 08 January 2023 clock 12:09 PM

Also on site :

Indian Oil chairman will soon also be its managing director, say sources ...Middle East

UAE: OPEC Exit 'Not Directed Against Anyone'

Sign In App Caps a Transformative Q1 With Major Acquisition, Expanded Integrations and New Customers

Lennox Opens 2026 Feel The Love® Nominations to Honor Community Heroes

Oil Prices Jump After Iran Claims Missile Strike on U.S. Navy Vessel Near Hormuz

6lock and qashqade Define the 2026 Standard for Institutional-Grade Distribution Integrity in New White Paper

TTF Futures Swing From Loss to Gain After Iran Rejects Trump's Hormuz Plan

The Cook & Boardman Group Rebrands as CBX Solutions, Reflecting a Unified Approach to Serving Customers

South Africa: Price of Petrol and Diesel to Increase From Wednesday

Spectral Capital to Participate in the Market Movers Investor Summit

First India-Bound LPG Tanker Clears Hormuz Since U.S. Blockade Began

DeFi Technologies Announces Shareholder Call to Discuss Q1 2026 Financial Results

SOFTSWISS and Rubens Barrichello Enter Their Third Year of Collaboration

WhiteRock and Exigent Unify Marketing Across Multiple Business Units

Broadridge's Distributed Ledger Repo Achieves 268% Year Over Year Growth in April

Seria HUAWEI WATCH FIT 5: nowe oblicze nowoczesnej elegancji w technologii urządzeń do noszenia