Sanjiv Singh has taken over as the Chairman of the country’s biggest company Indian Oil Corporation. He replaces B Ashok. Prior to his elevation, Mr.Singh was Director (Refineries) on the IOC board since July 2014.
Concurrently, he will also be Chairman of Chennai Petroleum Corporation Ltd (CPCL) and Hindustan Urvarak and Rasayan Ltd (HURL), a joint venture company set up to revive the fertilizer plants at Gorakhpur, Sindri and Barauni.
Static Takeaways for SBI PO Mains Exam-
- IOC was established in 1959 and its headquarter is in New Delhi.
Source- The Indian Express