Shashi Shankar was appointed as the Chairman and Managing Director (CMD) of India’s biggest oil and gas producer ONGC. The Appointments Committee of the Cabinet has approved his appointment to the post of CMD.
Shankar, at present director (technical and field services), ONGC, will take over the charge as CMD from October 1. He will replace Dinesh K Sarraf. Mr Shankar will have a nearly four-year term until March 2021.
Important Takeaways from Above News-
- ONGC stands for Oil and Natural Gas Corporation Limited.
Source- The Economic Times